The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in the following table. [You may find it useful to reference the t table.) Months Closing Stock Price January February March 6 9. April May June 8 10 4.

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The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in
the following table. [You may find it useful to reference the t table.]
Months
Closing Stock Price
January
February
6
March
9
April
May
8
10
June
4
Source: http://finance.yahoo.com.
a. Calculate the sample mean and the sample standard deviation. (Round intermediate calculations to at least 4 decimal places and
"Sample mean" and "Sample standard deviation" to 2 decimal places.)
Sample me
Sample standard deviation
b. Calculate the 90% confidence interval for the mean stock price of Panera Bread Co., assuming that the stock price is normally
distributed. (Round "t" value to 3 decimal places and final answers to 2 decimal places.)
Confidence interval
to
Transcribed Image Text:The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in the following table. [You may find it useful to reference the t table.] Months Closing Stock Price January February 6 March 9 April May 8 10 June 4 Source: http://finance.yahoo.com. a. Calculate the sample mean and the sample standard deviation. (Round intermediate calculations to at least 4 decimal places and "Sample mean" and "Sample standard deviation" to 2 decimal places.) Sample me Sample standard deviation b. Calculate the 90% confidence interval for the mean stock price of Panera Bread Co., assuming that the stock price is normally distributed. (Round "t" value to 3 decimal places and final answers to 2 decimal places.) Confidence interval to
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