A market researcher collects a simple random sample of customers from a population of over a million customers that use a home improvement website. After analyzing the sample, she states thatshe has 95% confidence that the mean time customers spent on that website per day is between 17 and 55 minutes. Suppose that the population mean time customers spent on that website is 16minutes a day. Does this value of the population mean help to show that the confidence interval estimate is correct? Explain.Chood the correct answer below.OA. Yes, because the population mean, u, is relatively close to the confidence interval estimate.OB. Yes, because the population mean, u, is included within the confidence interval estimate.OC. No, because the population mean, u, is not included within the confidence interval estimate.OD. No, because the population mean, u, is not the midpoint of the confidence interval estimate.OE. Yes, because the population mean, uis within 95% of the midpoint of the confidence interval estimate.F3F4$F5%5F66F7DELLF8&77F9★88F10(F11OF12Activate WindowsGo to Settings to activate WindowsNextgPrtScr4Insert9:09 AM12/19/2022DeleteBackspace

Population mean (µ)=16 Confidence interval =(17, 55) We have to conclude that population mean lies…

Answered: market researcher collects a simple…

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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A box model is used to calculate a confidence interval in the following scenario: Statistics club at TYHS wants to know the average time students in TYHS spent on preparing for their standardized exams. They sampled 100 students from TYHS. They want to construct a confidence interval for the average time that students in TYHS spent on preparing for their standardized exams. For each of the following quantities in the box model, select the answer if the quantity is random, not fixed. Leave the quantities that are fixed unselected. Group of answer choices. You can select more than one answer the proportion of 0's in the box model the EV and SE of the sample average the average time of every student in TYHS spent on preparing for their standardized exams the sample average of students spent on preparing for their standardized exams
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