Answer:
Explained below.
Step-by-step explanation:
(1)
The confidence level is, 91%.
Compute the value of α as follows:
[tex]\text{Confidence level}\% =(100-\alpha \%)\\\\91% = 100-\alpha \%\\\\\alpha \%=100-91\%\\\\\alpha \%=9\%\\\\\alpha =0.09[/tex]
(2)
As the population standard deviation is provided, i.e. σ = 256 psi, the z value would be appropriate.
The z value for α = 0.09 is,
z = 1.69
(3)
Compute the 91% confidence interval as follows:
[tex]CI=\bar x\pm z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}[/tex]
[tex]=3000\pm 1.69\cdot\frac{256}{\sqrt{70}}\\\\=3000\pm 51.71\\\\=(2942.29, 3057.71)[/tex]
(4)
The 91% confidence interval for population mean implies that there is a 0.91 probability that the true value of the mean is included in the interval, (2942.29, 3057.71) psi.