A consumer affairs investigator records the repair cost for 4 randomly selected TVs. A sample mean of $75.89 and standard deviation of $13.53 are subsequently computed. Determine the 80% confidence interval for the mean repair cost for the TVs. Assume the population is approximately normal.
Step 1 of 2: Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.
Step 2 of 2: Construct the 80%80% confidence interval. Round your answer to two decimal places.
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Home » Mathematics » A consumer affairs investigator records the repair cost for 4 randomly selected TVs. A sample mean of $75.89 and standard deviation of $13.53 are subsequently computed. Determine the 80% confidence interval for the mean repair cost for the TVs.