Question an-ana

3.6 Inference from Samples & Margin of Error - Margin of error interpretation
0:00

An analyst collected data on the price of a carton of grape tomatoes at 30 loions selected at random in Utah. The mean price of a carton of grape tomatoes in Utah was estimated to be $4.23, with an associated margin of error of $0.08. Which of the following is a plausible statement about the mean price of a carton of grape tomatoes for all loions that sell this product in Utah?

A.

It is between $4.15 and $4.31.

B.

It is either less than $4.15 or greater than $4.31.

C.

It is less than $4.15.

D.

It is greater than $4.31.