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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

**Data on Wealthiest Celebrities**

Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval.

- 264
- 199
- 199
- 170
- 157
- 156
- 147
- 147
- 147
- 142

**Question:**

What is the confidence interval estimate of the population mean μ?

\[
\text{(Lowest value)} \leq \mu \leq \text{(Highest value)}
\]

*Instructions: Round to one decimal place as needed.*

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