Hg: = 35.1 million shares H1 # 35.1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014. The lower bound is million shares. The upper bound is (Round to three decimal places as needepl) million shares.

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The average daily volume of a computer stock in 2011 was u= 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of
40 trading days in 2014, he finds the sample mean to be 28.3 million shares, with a standard deviation of s = 14 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below.
(a) State the hypotheses for the test.
Hg: = 35.1 million shares
H P 35.1 million shares
(b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014.
The lower bound is million shares.
The upper bournd is million shares
(Round to three decimal places as needed.)
Transcribed Image Text:The average daily volume of a computer stock in 2011 was u= 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 40 trading days in 2014, he finds the sample mean to be 28.3 million shares, with a standard deviation of s = 14 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Hg: = 35.1 million shares H P 35.1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014. The lower bound is million shares. The upper bournd is million shares (Round to three decimal places as needed.)
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