A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that is $1.92. Construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence interval 20.63 17.01 20.32 19.83 21.11 15.83 20.77 19.39 16.13 15.25 18.99 19.23 20.07 15.89 21.08 18.78 The 90% confidence interval is (SS
A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that is $1.92. Construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence interval 20.63 17.01 20.32 19.83 21.11 15.83 20.77 19.39 16.13 15.25 18.99 19.23 20.07 15.89 21.08 18.78 The 90% confidence interval is (SS
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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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 σ is $1.92. Construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
17.01
20.63
20.32
19.83
21.11
15.83
20.77
19.39
16.13
15.25
18.99
19.23
20.07
15.89
21.08
18.78
The 90% confidence interval is (s)
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