A sample of 21 minivan electrical warranty repairs for “loose, not attached” wires (one of several electrical failure categories the dealership mechanic can select) showed a mean repair cost of $45.66 with a standard deviation of $27.79. (a) Construct a 95 percent confidence interval for the true mean repair cost. (b) How could the confidence interval be made narrower? (Data are from a project by MBA student Tim Polulak.)

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

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