What price do farmers get for their watermelon crops?
What price do farmers get for their watermelon crops? In the third
week of July, a random sample of 41 farming regions gave a sample mean of x = $6.88 per 100 pounds of watermelon. Assume that σ is known to be $1.96 per 100 pounds. (a) Find a 90% confidence interval for the population mean price (per 100 pounds) that farmers in this region get for their watermelon crop. What is the margin of error?