A sample of 35 task has been considered and was analyzed. It was found out that the values 19 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 the following questions and express your final answer in 2 decimal places whenever possible. a. lower confidence interval of the population mean b. The value of 18 is within the boundary of 98% confidence interval The value of 18 is NOT within the boundary of 98% confidence interval

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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A sample of 35 task has been considered and was analyzed. It was found out that the values
19 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 the
following questions and express your final answer in 2 decimal places whenever possible.
a. lower confidence interval of the population mean
b.
The value of 18 is within the boundary of 98% confidence interval
The value of 18 is NOT within the boundary of 98% confidence interval
Transcribed Image Text:A sample of 35 task has been considered and was analyzed. It was found out that the values 19 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 the following questions and express your final answer in 2 decimal places whenever possible. a. lower confidence interval of the population mean b. The value of 18 is within the boundary of 98% confidence interval The value of 18 is NOT within the boundary of 98% confidence interval
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