What price do farmers get for their watermelon crops? In the third week of July, a random sample of 36 farming regions gave a sample mean of x = $6.88 per 100 pounds of watermelon. Assume that σ is known to be $1.84 per 100 pounds.
A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error? Hint: 1 ton is 2000 pounds. (Round your answers to two decimal places.
lower limit ?$
upper limit ?$
margin of error ?$