Area Gas Prices - Random Sample Minneapolis Price of Regular Station Unleaded 1 $3.24 2 $3.03 3 $3.63 4 $3.58 5 $2.94 6 $3.68 7 $3.14 8 $3.36 9 $3.40...

Write a 3-5 sentence summary that communicates your results to the business manager.

This is my professor's response to the answer that I need: I am attaching my paper and the data needed. I just need this section answered. Please look at my paper to answer the question. DO NOT ANSWER IN JPEG OR PING PLEASE

Basic

Identifies, but does not apply, inferential data analysis techniques to develop a correct confidence interval.

Faculty Comments:"Michelle, Thanks for identifying a confidence interval. Unfortunately there are two issues. One is the use of the proper test statistics. It appears that you might have used the calculator based on the z and not the t. There needs to be n understanding of the difference calculators for confidence interval and select the proper one with justification. Two, you didn't relate the value back to the problem statement. Why did you calculate the value. Now that you have the value what can you do."

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cf_area_gas_prices_random_sample (3).xls
cf_confidence_interval_calculator.xlsx
MBA-FP6018_McDonald-Upshaw_Michelle_Assessment2.1.docx
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