Can someone confirm this is correct? Provide and interpret a 93% confidence interval for the variable SavingsEdit View Insert Format Tools Table12pt ✓ Paragraph VBIU AV✓ T²v|:In conclusion, we are 93% confident the variable "Savings" is between 2971.671 and 3084.666 > t.test(Midterm_BUS$Savings, alternative = "two.sided", conf.level = .93)One Sample t-test.data: Midterm_BUS$Savingst = 97.71, df = 176, p-value < 2.2e-16alternative hypothesis: true mean is not equal to 093 percent confidence interval:2971.671 3084.666sample estimates:mean of x3028.168

It is required to check whether the interpretation of the confidence interval is correct, based on…

Answered: Provide and interpret a 93% confidence…

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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Provide and interpret a 93% confidence interval for the variable Savings Edit View Insert Format Tools Table 12pt v Paragraph | BIU 2 T² : In conclusion, we are 93% confident the variable "Savings" is between 2971.671 and 3084.666