Information regarding the price of a roll of camera film (35 mm, 24 exposure) for a sample of 13 cities worldwide is shown below. Account Balance Information Mean Standard Error Median Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count 4.9846 0.7118 4.8900 2.5666 6.5872 4.0204 1.8047 9.4100 2.7200 12.1300 64.8000 13.0000 Determine a 95% confidence interval for the population mean assuming that the population is normally distributed. (Round your answers to three decimal places.) x to

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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### Determining Confidence Intervals in Statistics

You may need to use the appropriate appendix table or technology to answer this question.

**Given Information:**
Information regarding the price of a roll of camera film (35 mm, 24 exposure) for a sample of 13 cities worldwide is shown below.

#### Account Balance Information

| Statistic              | Value  |
|------------------------|--------|
| **Mean**               | 4.9846 |
| **Standard Error**     | 0.7118 |
| **Median**             | 4.8900 |
| **Standard Deviation** | 2.5666 |
| **Sample Variance**    | 6.5872 |
| **Kurtosis**           | 4.0204 |
| **Skewness**           | 1.8047 |
| **Range**              | 9.4100 |
| **Minimum**            | 2.7200 |
| **Maximum**            | 12.1300|
| **Sum**                | 64.8000|
| **Count**              | 13.0000|

#### Problem Statement:
Determine a 95% confidence interval for the population mean assuming that the population is normally distributed. (Round your answers to three decimal places.)

```
________ to ________
```

**Need Help?**

**Read It** (Button)

---

### Detailed Explanation of Graphs and Diagrams

There are no additional graphs or diagrams provided in this scenario. The table summarizes the statistical information needed to calculate the confidence interval for the population mean based on the sample data provided.

---

This text guides the student through understanding statistical measures, and calls for the application of confidence interval calculations using the given data. No additional graphs or diagrams are mentioned in the provided text.
Transcribed Image Text:### Determining Confidence Intervals in Statistics You may need to use the appropriate appendix table or technology to answer this question. **Given Information:** Information regarding the price of a roll of camera film (35 mm, 24 exposure) for a sample of 13 cities worldwide is shown below. #### Account Balance Information | Statistic | Value | |------------------------|--------| | **Mean** | 4.9846 | | **Standard Error** | 0.7118 | | **Median** | 4.8900 | | **Standard Deviation** | 2.5666 | | **Sample Variance** | 6.5872 | | **Kurtosis** | 4.0204 | | **Skewness** | 1.8047 | | **Range** | 9.4100 | | **Minimum** | 2.7200 | | **Maximum** | 12.1300| | **Sum** | 64.8000| | **Count** | 13.0000| #### Problem Statement: Determine a 95% confidence interval for the population mean assuming that the population is normally distributed. (Round your answers to three decimal places.) ``` ________ to ________ ``` **Need Help?** **Read It** (Button) --- ### Detailed Explanation of Graphs and Diagrams There are no additional graphs or diagrams provided in this scenario. The table summarizes the statistical information needed to calculate the confidence interval for the population mean based on the sample data provided. --- This text guides the student through understanding statistical measures, and calls for the application of confidence interval calculations using the given data. No additional graphs or diagrams are mentioned in the provided text.
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