The data below represents the monthly share price of Hong Leong Bank Bhd (HLBB) from August 2020 to Mar 2021. (b) Price (RM/share) 14.00 15.04 14.80 17.18 18.20 17.26 18.00 18.70 (i) Find the mean for the above data. Construct a 99% confidence interval for the true population mean value of Hong Leong Bank Bhd (HLBB) share price if the population standard deviation is given as RM 2.00. Construct a 90% confidence interval for the true population mean value of Hong Leong Bank Bhd (HLBB) share price if the population standard deviation is given (ii) as RM 1.50.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
(b)
The data below represents the monthly share price of Hong Leong Bank Bhd (HLBB) from
August 2020 to Mar 2021.
Price (RM/share)
14.00
15.04
14.80
17.18
18.20
17.26
18.00
18.70
Find the mean for the above data.
Construct a 99% confidence interval for the true population mean value of Hong
Leong Bank Bhd (HLBB) share price if the population standard deviation is given
as RM 2.00.
(ii1)
Construct a 90% confidence interval for the true population mean value of Hong
Leong Bank Bhd (HLBB) share price if the population standard deviation is given
as RM 1.50.
(c)
List 3 types of chart that are suitable for each categorical data and numerical data.
Transcribed Image Text:(b) The data below represents the monthly share price of Hong Leong Bank Bhd (HLBB) from August 2020 to Mar 2021. Price (RM/share) 14.00 15.04 14.80 17.18 18.20 17.26 18.00 18.70 Find the mean for the above data. Construct a 99% confidence interval for the true population mean value of Hong Leong Bank Bhd (HLBB) share price if the population standard deviation is given as RM 2.00. (ii1) Construct a 90% confidence interval for the true population mean value of Hong Leong Bank Bhd (HLBB) share price if the population standard deviation is given as RM 1.50. (c) List 3 types of chart that are suitable for each categorical data and numerical data.
Expert Solution
steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman