Warren County Telephone Company claims in its annual report that the typical customer

Chapter 0, Problem 43

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Warren County Telephone Company claims in its annual report that the typical customer spends $60 per month on local and long-distance service. A sample of 12 subscribers revealed the following amounts spent last month. $64 $66 $64 $66 $59 $62 $67 $61 $64 $58 $54 $66 a. What is the point estimate of the population mean? b. Develop a 90 percent confidence interval for the population mean. c. Is the companys claim that the typical customer spends $60 per month reasonable? Justify your answer

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