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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 sar he 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 a minutes 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 A. Yes, because the population mean, u, is relatively close to the confidence interval estimate. B. 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, u is within 95% of the midpoint of the confidence interval estimate. Activate Windo Go to Settings to act

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 sar he 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 a minutes 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 A. Yes, because the population mean, u, is relatively close to the confidence interval estimate. B. 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, u is within 95% of the midpoint of the confidence interval estimate. Activate Windo Go to Settings to act

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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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 that she 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 16 minutes 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. F3 F4 $ F5 % 5 F6 6 F7 DELL F8 & 7 7 F9 ★ 8 8 F10 ( F11 O F12 Activate Windows Go to Settings to activate Windows Next g PrtScr 4 Insert 9:09 AM 12/19/2022 Delete Backspace
Transcribed Image Text: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 that she 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 16 minutes 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. F3 F4 $ F5 % 5 F6 6 F7 DELL F8 & 7 7 F9 ★ 8 8 F10 ( F11 O F12 Activate Windows Go to Settings to activate Windows Next g PrtScr 4 Insert 9:09 AM 12/19/2022 Delete Backspace
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