6.1 & 6.2 不 < Question 16 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz be used, explain why. Interpret the results. Use the standard normal distribution or the t-distribution to construct a 90% confidence interval for the population mean. Justify your decision. If neither distribution can In a random sample of 18 mortgage institutions, the mean interest rate was 3.57% and the standard deviation was 0.48%. Assume the interest rates are normally distributed. Which distribution should be used to construct the confidence interval? A. Use a normal distribution because the interest rates are normally distributed and σ is known. OB. Use a t-distribution because it is a random sample, σ is unknown, and the interest rates are normally distributed. OC. Use a normal distribution because n < 30 and the interest rates are normally distributed. OD. Use a t-distribution because the interest rates are normally distributed and σ is known. OE. Cannot use the standard normal distribution or the t-distribution because o is unknown, n < 30, and the interest rates are not normally distributed. Select the correct choice below and, if necessary, fill in any answer boxes to complete your choice. OA. The 90% confidence interval is ( (Round to two decimal places as needed.) #3 X $ S4 4 Q Search F4 F5 E R EL F6 % 205 6 Y G H F7 F8 & 27 * 8 8 ل V B N M F9 O P K F10 V COD F11 Delete F12 Insert PrtSc P { [ Alt Ctrl ? + 11 Home Backspace Num Lock PgUp Enter Next 4:51 PM 3/18/2024 G PRE 7 Home 00 144 4 5 * 2 Shift End + PoDn End 144 PgUp 6
6.1 & 6.2 不 < Question 16 of 17 This quiz: 17 point(s) possible This question: 1 point(s) possible Submit quiz be used, explain why. Interpret the results. Use the standard normal distribution or the t-distribution to construct a 90% confidence interval for the population mean. Justify your decision. If neither distribution can In a random sample of 18 mortgage institutions, the mean interest rate was 3.57% and the standard deviation was 0.48%. Assume the interest rates are normally distributed. Which distribution should be used to construct the confidence interval? A. Use a normal distribution because the interest rates are normally distributed and σ is known. OB. Use a t-distribution because it is a random sample, σ is unknown, and the interest rates are normally distributed. OC. Use a normal distribution because n < 30 and the interest rates are normally distributed. OD. Use a t-distribution because the interest rates are normally distributed and σ is known. OE. Cannot use the standard normal distribution or the t-distribution because o is unknown, n < 30, and the interest rates are not normally distributed. Select the correct choice below and, if necessary, fill in any answer boxes to complete your choice. OA. The 90% confidence interval is ( (Round to two decimal places as needed.) #3 X $ S4 4 Q Search F4 F5 E R EL F6 % 205 6 Y G H F7 F8 & 27 * 8 8 ل V B N M F9 O P K F10 V COD F11 Delete F12 Insert PrtSc P { [ Alt Ctrl ? + 11 Home Backspace Num Lock PgUp Enter Next 4:51 PM 3/18/2024 G PRE 7 Home 00 144 4 5 * 2 Shift End + PoDn End 144 PgUp 6
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 1 steps with 1 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman