Data on investments in the high tech industry by verture capitalists are compied by a corporation. A random sample of 10

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Data On Investments In The High Tech Industry By Verture Capitalists Are Compied By A Corporation A Random Sample Of 10 1 (53.42 KiB) Viewed 26 times

Data on investments in the high tech industry by verture capitalists are compied by a corporation. A random sample of 10 venture capital investments in a certain business sector yielded the corrparying cata. in millions of dolas. Assuming that the population standard deviation is $1.83 milion, a 95% confidence interval for the mean amount. .cl al venture capital investments in this business sector is from $8.430 milion to $8.120 million. Complete parts a) and (b) below. (Note. The sum of the date is $130.85 million) Click here to view the investment data. Click here to view page 1 of the table of areas under the latcard normal curve Click here to view.Rage 2 of the table of areas under the standard nomal curve X Investment Data a. Obtain the margin af coor (in millions of dollars) by taking half the length of the confidence interval Select the correct choice below and fill in the answer box to complete your choice. {Round to three decimal places as needed.) 8.120 O A 6430 2 6.21 6.52 1.86 7.48 6.40 6.430 +8.120 17 OB . 2. 1.83 Oc. 16 2 7.19 5.41 10.24 10.59 9.80 8.18 3.68 OD 6.430 +8.120 2 72 ОЕ 4.120 -8.420 2 9.19 6.44 b. Obtain the margin of crear (in milions of dollars) by using the formula E=302 Recall that = 18 and that a = $1.83 million.) " (n ) 7.77 7.83 Vn Substitute the appropriate values and compute. Do not use the empirical rule. EE = Print Done {Round the value of 7,2 to two decimal places as needed Hound all other us to three decimal places as needed.)