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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

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

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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Provide and interpret a 93% confidence interval for the variable Savings Edit View Insert Format Tools Table 12pt ✓ Paragraph V BIU A V ✓ T²v| : In conclusion, we are 93% confident the variable "Savings" is between 2971.671 and 3084.666
Transcribed Image Text:Provide and interpret a 93% confidence interval for the variable Savings Edit View Insert Format Tools Table 12pt ✓ Paragraph V BIU A V ✓ T²v| : In conclusion, we are 93% confident the variable "Savings" is between 2971.671 and 3084.666
> t.test(Midterm_BUS$Savings, alternative = "two.sided", conf.level = .93) One Sample t-test. data: Midterm_BUS$Savings t = 97.71, df = 176, p-value < 2.2e-16 alternative hypothesis: true mean is not equal to 0 93 percent confidence interval: 2971.671 3084.666 sample estimates: mean of x 3028.168
Transcribed Image Text:> t.test(Midterm_BUS$Savings, alternative = "two.sided", conf.level = .93) One Sample t-test. data: Midterm_BUS$Savings t = 97.71, df = 176, p-value < 2.2e-16 alternative hypothesis: true mean is not equal to 0 93 percent confidence interval: 2971.671 3084.666 sample estimates: mean of x 3028.168
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