A sample of 35 task has been considered and was analyzed. It was found out that the values19 and 4.6 are obtained for the sample mean and the population standard deviation,respectively. Construct a 98% confidence interval for the population mean. Solve thefollowing questions and express your final answer in 2 decimal places whenever possible.a. lower confidence interval of the population meanb.The value of 18 is within the boundary of 98% confidence intervalThe value of 18 is NOT within the boundary of 98% confidence interval

We want to find the 98% CI for population mean μ

Answered: A sample of 35 task has been considered…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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price of $119.00. Assume the population standard deviation is $18.90. Tnas a Interpret the results. Choose the correct answer below. .O A. With 90% confidence, it can be said that the population mean price lies in the first interval. With 95% confidence, it can be said that the population mean price lies in the second interval. The 95% confidence interval is narrower than the 90%. O B. With 90% confidence, it can be said that the sample mean price lies in the first interval. With 95% confidence, it can be said that the sample mean price lies in the second interval. The 95% confidence interval is wider than the 90%. O C. With 90% confidence, it can be said that the population mean price lies in the first interval. With 95% confidence, it can be said that the population mean price lies in the second interval. The 95% confidence interval is wider than the 90%. Click to select vOur ar
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