A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that is $2.38. Construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. 18.37 16.85 19.49 21.42 18.78 21.52 The 90% confidence interval is ($.$. (Round to two decimal places as needed.) 17.42 15.51 21.35 15.32 18.09 17.36 15.42 20.46 15.98 20.53

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that o is $2.38. Construct the 90% and
99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
18.37
16.85
19.49
21.42
18.78
21.52
The 90% confidence interval is ($.$).
(Round to two decimal places as needed.)
17.42
15.51
21.35
15.32
18.09
17.36
15.42
20.46
15.98
20.53
Transcribed Image Text:A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that o is $2.38. Construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. 18.37 16.85 19.49 21.42 18.78 21.52 The 90% confidence interval is ($.$). (Round to two decimal places as needed.) 17.42 15.51 21.35 15.32 18.09 17.36 15.42 20.46 15.98 20.53
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