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 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with standard deviation of s= 13.1 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho H = 35.1 million shares H₁ H # 35.1 million shares (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 (Round to three decimal places as needed.) G million shares and million shares.

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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 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with a standard deviation of s= 13.1 million shares. Test the hypotheses by constructing a 95% confidence
interval. Complete parts (a) through (c) below.
C
***
(a) State the hypotheses for the test.
но н
= 35.1 million shares
H₁: H #35.1 million shares
(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 million shares and million shares.
(Round to three decimal places as needed.)
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O 81 0
H
$
95°F Mostly sunny A
$
1:57 PM
6/18/2022
Jor
15
6
22
R
5
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U
8
I
hp
a
9
P
(?)
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 40 trading days in 2018, he finds the sample mean to be 31.3 million shares, with a standard deviation of s= 13.1 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. C *** (a) State the hypotheses for the test. но н = 35.1 million shares H₁: H #35.1 million shares (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 million shares and million shares. (Round to three decimal places as needed.) Get more help. Clear all Help me solve this View an example Check answer H Type here to search O 81 0 H $ 95°F Mostly sunny A $ 1:57 PM 6/18/2022 Jor 15 6 22 R 5 T B U 8 I hp a 9 P (?)
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