Create confidence for the sample mean will be more

Reference no: EM13147989

The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken. The average age in the sample was 22.5 years with a standard deviation of 5 years.

1. Construct a 95% confidence level.
2. Now do the same thing with 80% confidence level.

a. What is the probability that the sample mean will be more than $306.60?
b. What is the probability that the sample mean will be less than $308?
c. What is the probability that the sample mean will be between $302 and $308?

Reference no: EM13147989

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