. You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 40 business days, the mean closing price of a certain stock was $107.60.Assume the population standard deviation is $10.03. The 90% confidence interval is
. You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 40 business days, the mean closing price of a certain stock was $107.60.Assume the population standard deviation is $10.03. The 90% confidence interval is
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
A.
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 40 business days, the mean closing price of a certain stock was $107.60.Assume the population standard deviation is $10.03. The 90% confidence interval is
B.
A study on the personality characteristics of drug dealers sampled
100 convicted drug dealers and scored them each on the Wanting Recognition (WR) Scale, which provides a quantitative measure of a person's need for approval and sensitivity to social situations. (Higher scores indicate a greater need for approval.) The sample of drug dealers had a mean WR score of 44, with a standard deviation of 6. Use this information to find an interval estimate of the mean WR score for all convicted drug dealers. Use a confidence level of 99%. Interpret the result. Construct a 99%confidence interval and interpret the result.
C. is the png
Transcribed Image Text:Many ancient tombs were cut from limestone rock that contained uranium. Since most such tombs are not well-ventilated, they may contain radon gas. In one study, the radon levels in a sample of 12 tombs in a particular region were measured in becquerels
per cubic meter (Bq / m). For this data, assume that x = 3,466 Bq /m and s = 1,293 Bq / m3. Use this information to estimate, with 95% confidence, the true mean level of radon exposure in tombs in the region. Interpret the resulting interval. Assume that
the sampled population is approximately normal.
The confidence interval is ( D
(Round to the nearest integer as needed.)
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