Help solvingWhat is the Lower bound and Upper bounddetermine if the researcher will reject the null hypotheis 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 2014 is different from the 2011 level. Based on a random sample of 30 trading days in 2014, he finds the sample mean to be 32.8 million shares, with a standard deviation of s = 12.2 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below.(a) State the hypotheses for the test.\( H_0: \mu = 35.1 \text{ million shares} \)\( H_1: \mu \neq 35.1 \text{ million shares} \)(b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014.The lower bound is [ ] million shares. The upper bound is [ ] million shares. (Round to three decimal places as needed.)

Given Data : Sample Size, n = 30.0 Sample Mean, x̄ = 32.8 standard…

Answered: The average daily volume of a computer…

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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