The trade volume of a stock is the number of shares traded on a given day. The data in the first accompanying table, in millions (so that 6.16 represents 6,160,000 shares traded), represent the volume of a PepsiCo stock traded for a random sample of 38 trading days in 2018. A second random sample of 38 days in 2018 resulted in the data in the second accompanying table Complete parts (a) through (d) Click here to view the data for sample 1. Click here to view the data for sample 2 Click here to view the table of critical t-values (Round to two decimal places as needed) A. There is a V % probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between CEEEE nice below One can be 95% confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between 4.99 million and 5.97 million. C. One can be D. The number of shares of PepsiCo stock traded per day is between % confident that the number of shares of PepsiCo stock traded in all days of 2018 is between million and million and million for % of all days in 2018. (c) Using the data from sample 2, construct another 95% confidence interval for the population mean number of shares traded per day in 2018. Interpret the confidence interval, 4 fill in the answer boxes to complete your choice million and million. million.

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Author:Amos Gilat
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Solve for C

The trade volume of a stock is the number of shares traded on a given day. The data in the first accompanying table, in millions (so that 6.16 represents 6,160,000 shares traded), represent the volume of
a PepsiCo stock traded for a random sample of 38 trading days in 2018. A second random sample of 38 days in 2018 resulted in the data in the second accompanying table Complete parts (a)
through (d).
Click here to view the data for sample 1.
Click here to view the data for sample 2
Click here to view the table of critical t-values
(Round to two decimal places as needed.)
A. There is a
B. One can be
C. One can be
% confident that the number of shares of PepsiCo stock traded in all days of 2018 is between million and
OD. The number of shares of PepsiCo stock traded per day is between
million for % of all days in 2018.
% probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between
95% confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between 4 99 million and 5.97 million.
million and
million and
B. The number of shares of PepsiCo stock traded per day is between million and
OC. There is a
OD. One can be
million
(c) Using the data from sample 2, construct another 95% confidence interval for the population mean number of shares traded per day in 2018. Interpret the confidence interval.
Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to two decimal places as needed)
OA. One can be
% confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between
million for % of all days in 2018
% probability that the mean population number of shares of PepsiCo stock traded per day in 2018 is between
% confident that the number of shares of PepsiCo stock traded in all days of 2018 is between million and
million and
million and
million.
million.
million.
million.
Transcribed Image Text:The trade volume of a stock is the number of shares traded on a given day. The data in the first accompanying table, in millions (so that 6.16 represents 6,160,000 shares traded), represent the volume of a PepsiCo stock traded for a random sample of 38 trading days in 2018. A second random sample of 38 days in 2018 resulted in the data in the second accompanying table Complete parts (a) through (d). Click here to view the data for sample 1. Click here to view the data for sample 2 Click here to view the table of critical t-values (Round to two decimal places as needed.) A. There is a B. One can be C. One can be % confident that the number of shares of PepsiCo stock traded in all days of 2018 is between million and OD. The number of shares of PepsiCo stock traded per day is between million for % of all days in 2018. % probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between 95% confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between 4 99 million and 5.97 million. million and million and B. The number of shares of PepsiCo stock traded per day is between million and OC. There is a OD. One can be million (c) Using the data from sample 2, construct another 95% confidence interval for the population mean number of shares traded per day in 2018. Interpret the confidence interval. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to two decimal places as needed) OA. One can be % confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between million for % of all days in 2018 % probability that the mean population number of shares of PepsiCo stock traded per day in 2018 is between % confident that the number of shares of PepsiCo stock traded in all days of 2018 is between million and million and million and million. million. million. million.
Table of Critical t-Values
Table VII
Degrees of
Freedom 0.25
6
8
10
12
13
0.20 0.15 0.10
1.000 1.376 1.963 3.078
0.816 1.061 1.386 1.886
0.765 0.978 1.250 1.638
0.941 1.190
0.741
1.533
0.727
0.920
1.156
1.476
0.718
0.711
0.706
0.703
0.700
Area in
right tail
0.697
0.695
0.694
0.906
1.134
0.896
1.119
0.889 1.108 1.397
0.883
0.879
0.876
0.873
0,870
5444
1.088
1.083
1.079
1.440
1943
1.415 1895
1.860
1.833
1812
1.383
1.100
1.093
1.372
r-Distribution
Area in Right Tail
0.05 0.025
6.314 12.706 15.894
2.920 4.303 4.849
2.353 3.182 3.482
2.132
2.776 2.999
2015
2.571
2.757
1.363
1.356
1.350
1.796
1.782
1.771
2.447
2.365
2.306
2.262
2.228
2.201
2.179
2.160
0.02
2.612
2.517
2.449
2.398
2.359
2328
2.303
2.282
0.01 0.005 0.0025
31.821 63.657 127321 318.309 636.619
6.965 9.925 14.089 22.327 31.599
4.541 5.841
4.604
12.924
7453 10.215
5.598 7.173
3.747
8.610
3.365
4.032
4.773
5.893
6.869
3.143
3.707
2.998 3.499
2.896
3.355
2,821
3.250
2.764
3.169
2.718
2.681
2.650
3.106
3.055
3.012
54
4.317
4.029
3.833
3.690
3.581
0.001
3.497
3.428
3.372
5.208
4.785
4.501
4.297
4.144
0.0005
4.025
3.930
3.852
RAM
5.959
5.408
5.041
4.781
4.587
4.437
4318
4.221
I
Sample 2 Volumes (millions)
6.12
4.49
8.57
3.65
6.89
5.73
6.34
3.65
4.80
5.08
6.85
Sample 2
5.90
4.52
3.39
5.00
7.76
5.99
5.68
4.89
Print
10.96
5.27
7.65
4.96
3.79
4.54
4.85
8.13
5.14
5.75
5.46
4.81
6.69
7.84
6.04
6.58
6.74
4.37
3.71
P
B
Done
X
te
Transcribed Image Text:Table of Critical t-Values Table VII Degrees of Freedom 0.25 6 8 10 12 13 0.20 0.15 0.10 1.000 1.376 1.963 3.078 0.816 1.061 1.386 1.886 0.765 0.978 1.250 1.638 0.941 1.190 0.741 1.533 0.727 0.920 1.156 1.476 0.718 0.711 0.706 0.703 0.700 Area in right tail 0.697 0.695 0.694 0.906 1.134 0.896 1.119 0.889 1.108 1.397 0.883 0.879 0.876 0.873 0,870 5444 1.088 1.083 1.079 1.440 1943 1.415 1895 1.860 1.833 1812 1.383 1.100 1.093 1.372 r-Distribution Area in Right Tail 0.05 0.025 6.314 12.706 15.894 2.920 4.303 4.849 2.353 3.182 3.482 2.132 2.776 2.999 2015 2.571 2.757 1.363 1.356 1.350 1.796 1.782 1.771 2.447 2.365 2.306 2.262 2.228 2.201 2.179 2.160 0.02 2.612 2.517 2.449 2.398 2.359 2328 2.303 2.282 0.01 0.005 0.0025 31.821 63.657 127321 318.309 636.619 6.965 9.925 14.089 22.327 31.599 4.541 5.841 4.604 12.924 7453 10.215 5.598 7.173 3.747 8.610 3.365 4.032 4.773 5.893 6.869 3.143 3.707 2.998 3.499 2.896 3.355 2,821 3.250 2.764 3.169 2.718 2.681 2.650 3.106 3.055 3.012 54 4.317 4.029 3.833 3.690 3.581 0.001 3.497 3.428 3.372 5.208 4.785 4.501 4.297 4.144 0.0005 4.025 3.930 3.852 RAM 5.959 5.408 5.041 4.781 4.587 4.437 4318 4.221 I Sample 2 Volumes (millions) 6.12 4.49 8.57 3.65 6.89 5.73 6.34 3.65 4.80 5.08 6.85 Sample 2 5.90 4.52 3.39 5.00 7.76 5.99 5.68 4.89 Print 10.96 5.27 7.65 4.96 3.79 4.54 4.85 8.13 5.14 5.75 5.46 4.81 6.69 7.84 6.04 6.58 6.74 4.37 3.71 P B Done X te
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