3. A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is o = 15. %3D Compute the 95% confidence interval for the population mean. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean. a. b. c. What is the effect of a larger sample size on the interval estimate?

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3. A simple random sample of 60 items resulted in a sample mean of 80. The population
standard deviation is o = 15.
%3D
Compute the 95% confidence interval for the population mean.
Assume that the same sample mean was obtained from a sample of 120 items. Provide
a 95% confidence interval for the population mean.
a.
b.
c.
What is the effect of a larger sample size on the interval estimate?
Transcribed Image Text:3. A simple random sample of 60 items resulted in a sample mean of 80. The population standard deviation is o = 15. %3D Compute the 95% confidence interval for the population mean. Assume that the same sample mean was obtained from a sample of 120 items. Provide a 95% confidence interval for the population mean. a. b. c. What is the effect of a larger sample size on the interval estimate?
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