You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95%

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95%

Post by answerhappygod »

You are given the sample mean and the population standarddeviation. Use this information to construct the​ 90%and​ 95% confidence intervals for the population mean.Interpret the results and compare the widths of the confidenceintervals. From a random sampleof 32 business​ days, the mean closing price of acertain stock was $110.37. Assume the population standarddeviation is ​$10.55.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”