Construct a 95% confidence interval for the population mean. The 95% confidence interval is (124.93, 135.07). Round to two decimal places as needed.) nterpret the results. Choose the correct answer below. A. 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%
Construct a 95% confidence interval for the population mean. The 95% confidence interval is (124.93, 135.07). Round to two decimal places as needed.) nterpret the results. Choose the correct answer below. A. 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%
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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Answer the last part
The 90% confidence interval is
(125.74,134.26)
The 95% confidence interval is
(124.93,135.07)

Transcribed Image Text:Construct a 95% confidence interval for the population mean.
The 95% confidence interval is (124.93, 135.07 ).
(Round to two decimal places as needed.)
Interpret the results. Choose the correct answer below.
O A. 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 B. 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 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%.
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