Solve for B) 23.787 and 35.213 were wrong

MATLAB: An Introduction with Applications
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Solve for B)

23.787 and 35.213 were wrong

The average daily volume of a computer stock in 2011 was μ = 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 30 trading days in 2018, he finds the sample
mean to be 29.3 million shares, with a standard deviation of s= 15.3 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below.
(a) State the hypotheses for the test.
= 35.1 million shares
# 35.1 million shares
I F
Ho P
H₁ H
(b) Construct a 95% confidence interval about the sample mean of stocks traded in 2018.
With 95% confidence, the mean stock volume in 2018 is between 23.787 million shares and 35.213 million shares.
(Round to three decimal places as needed.)
Transcribed Image Text:The average daily volume of a computer stock in 2011 was μ = 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 30 trading days in 2018, he finds the sample mean to be 29.3 million shares, with a standard deviation of s= 15.3 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. = 35.1 million shares # 35.1 million shares I F Ho P H₁ H (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2018. With 95% confidence, the mean stock volume in 2018 is between 23.787 million shares and 35.213 million shares. (Round to three decimal places as needed.)
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