⚫(8 points) Question 8: A random sample of the number of barrels(in millions) of oil produced per day by world oil- producing countriesis listed here. Estimate the mean oil production with 95% confidenceinterval.• Solution:5.78 2.81 3.46 1.96 7.81 2.87 1.92 6.28

Given:Data: 5.78, 2.81, 3.46, 1.96, 7.81, 2.87, 1.92, 6.28so, n = 8CL = 95% = 0.95Since n ≤ 30, and…

Answered: ⚫(8 points) Question 8: A random sample…

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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⚫(8 points) Question 8: A random sample of the number of barrels (in millions) of oil produced per day by world oil- producing countries is listed here. Estimate the mean oil production with 95% confidence interval. • Solution: 5.78 2.81 3.46 1.96 7.81 2.87 1.92 6.28