A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in mil
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A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in mil
A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in millions of dollars. Assume that the population standard deviation is $2.22 million. Complete parts (a) through (d) below. (Note: The sum of the data is $60.94 million.) 3.69 3.27 6.05 7.77 5.05 9.52 7.99 5.68 9.17 2.75 a. Find a 99% confidence interval for the mean amount, u, of all venture-capital investments in the fiber optics business sector. million. The confidence interval for u is from $ million to $ (Round to two decimal places as needed.)
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