Answered: Digital Camera Prices The prices (in… | bartleby

MATLAB: An Introduction with Applications

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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Question

Digital Camera Prices The prices (in dollars) for a particular model of digital
camera with 6 megapixels and an optical 3x zoom lens are shown below for 8
online retailers. Round sample statistics and final answers to at least one
decimal place.
214 201 221 180 200 187 265 222
Send data to Excel
Estimate the true mean price for this particular model with 98% confidence.
Assume the variable is normally distributed.
<μ<

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