Solved: Exercise 1.13 gave a sample of ultimate tensile strengthobservations (ksi). Use

Chapter 7, Problem 17

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Exercise 1.13 gave a sample of ultimate tensile strengthobservations (ksi). Use the accompanying descriptive statisticsoutput from Minitab to calculate a 99% lower confidencebound for true average ultimate tensile strength, andinterpret the result.N Mean Median TrMean StDev SE Mean153 135.39 135.40 135.41 4.59 0.37Minimum Maximum Q1 Q3122.20 147.70 132.95 138.25

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