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A market researcher collects a simple random sample of customers from a population of over a million customers that use a home improvement website. After analyzing the sample, she states that she has 95% confidence that the mean time customers spent on that website per day is between 19 and 51 minutes. Suppose that the population mean time customers spent on that website is 53 minutes a day. Does this value of the population mean help to show that the confidence interval estimate is correct? Explain. Choose the correct answer below. O A. Yes, because the population mean, is within 95% of the midpoint of the confidence Interval estimate. O B. Yes, because the population mean, p, is relatively close to the confidence interval estimate. O C. Yes, because the population mean, u, is included within the confidence interval estimate. O D. No, because the population mean, p, is not the midpoint of the confidence interval estimate. O E. No, because the population mean, H. is not included within the confidence interval estimate.

A market researcher collects a simple random sample of customers from a population of over a million customers that use a home improvement website. After analyzing the sample, she states that she has 95% confidence that the mean time customers spent on that website per day is between 19 and 51 minutes. Suppose that the population mean time customers spent on that website is 53 minutes a day. Does this value of the population mean help to show that the confidence interval estimate is correct? Explain. Choose the correct answer below. O A. Yes, because the population mean, is within 95% of the midpoint of the confidence Interval estimate. O B. Yes, because the population mean, p, is relatively close to the confidence interval estimate. O C. Yes, because the population mean, u, is included within the confidence interval estimate. O D. No, because the population mean, p, is not the midpoint of the confidence interval estimate. O E. No, because the population mean, H. is not included within the confidence interval estimate.

MATLAB: An Introduction with Applications
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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A market researcher collects a simple random sample of customers from a population of over a million customers that use a home improvement website, After analyzing the sample, she states that she has 95% confidence that the mean time customers spent on that website per day is between 19 and 51 minutes. Suppose that the population mean time customers spent on that website is 53 minutes a day. Does this value of the population mean help to show that the confidence interval estimate is correct? Explain. Choose the correct answer below. O A. Yes, because the population mean, u is within 95% of the midpoint of the confidence interval estimate. O B. Yes, because the population mean, u, is relatively close to the confidence interval estimate. O C. Yes, because the population mean, u, is included within the confidence interval estimate. OD. No, because the population mean, H, is not the midpoint of the confidence interval estimate. O E. No, because the population mean, u, is not included within the confidence interval estimate.
Transcribed Image Text:A market researcher collects a simple random sample of customers from a population of over a million customers that use a home improvement website, After analyzing the sample, she states that she has 95% confidence that the mean time customers spent on that website per day is between 19 and 51 minutes. Suppose that the population mean time customers spent on that website is 53 minutes a day. Does this value of the population mean help to show that the confidence interval estimate is correct? Explain. Choose the correct answer below. O A. Yes, because the population mean, u is within 95% of the midpoint of the confidence interval estimate. O B. Yes, because the population mean, u, is relatively close to the confidence interval estimate. O C. Yes, because the population mean, u, is included within the confidence interval estimate. OD. No, because the population mean, H, is not the midpoint of the confidence interval estimate. O E. No, because the population mean, u, is not included within the confidence interval estimate.
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