Question 4 (6 pts) Dirhams. As a researcher, you want to test whether this claim is true. Suppose that you conducta It h
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Question 4 (6 pts) Dirhams. As a researcher, you want to test whether this claim is true. Suppose that you conducta It h
Question 4 (6 pts) Dirhams. As a researcher, you want to test whether this claim is true. Suppose that you conducta It has been reported that the average household income per month for UAE residents is 18,200 Dirhams with a sample standard deviation of 10.000 Dirhams. Assume a significance level of 5%. study of 900 randomly selected residents and you find that the average income per month is 12.400 Required? (a) Construct a 95% confidence interval for the mean tuition fee per year in the UAE. (3 pts) (b) Construct a 99% confidence interval for the mean tuition fee per year in the UAE. (3 pts)