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. (a) Use the data from sample 1 to compute a point estimate for the population mean number of shares traded per day in 2018. A point estimate for the population mean number of PepsiCo shares traded per day in 2018 is 5:48 million (Round to two decimal places as needed.). (b) Using the data from sample 1, construct a 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.). % probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between OA. There is a OB. One can be % confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between OC. 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 and million for % of all days in 2018. and million million and million million million. Sample 1 Volumes (millions Sample 1 6.16 4.98 5.55 4.28 7.28 6.39 4.02 6.69 5.32 5.05 4.95 3.25 4.92 4.41 4.97 5.07 7.54 8.88 7.56 6.10 4.00 6.22 4,64 6.96 6.71 2.37 4.84 4.13 6.67 6.23 7.71 7.29 O X
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. (a) Use the data from sample 1 to compute a point estimate for the population mean number of shares traded per day in 2018. A point estimate for the population mean number of PepsiCo shares traded per day in 2018 is 5:48 million (Round to two decimal places as needed.). (b) Using the data from sample 1, construct a 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.). % probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between OA. There is a OB. One can be % confident that the population mean number of shares of PepsiCo stock traded per day in 2018 is between OC. 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 and million for % of all days in 2018. and million million and million million million. Sample 1 Volumes (millions Sample 1 6.16 4.98 5.55 4.28 7.28 6.39 4.02 6.69 5.32 5.05 4.95 3.25 4.92 4.41 4.97 5.07 7.54 8.88 7.56 6.10 4.00 6.22 4,64 6.96 6.71 2.37 4.84 4.13 6.67 6.23 7.71 7.29 O X
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Solve for B
![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.
(a) Use the data from sample 1 to compute a point estimate for the population mean number of shares traded per day in 2018.
A point estimate for the population mean number of PepsiCo shares traded per day in 2018 is 5.48 million.
(Round to two decimal places as needed.)
(b) Using the data from sample 1, construct a 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. There is a
OB. One can be
OC. One can be
OD. The number of shares of PepsiCo stock traded per day is between
% probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between
% confident that the population mean 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 for
% of all days in 2018.
million and
million and
million and
million.
million.
million.
Sample 1 Volumes (millions
Sample 1
6.16
4.98
5.55
4.28
7.28
6.39
4.02
6.69
5.32
5.05
4.95
3.25
4.92
4.41
4.97
5.07
4.80
6.92
4.16
Print
7.54
8.88
7.56
6.10
4.00
6.22
4.64
6.96
6.71
2.37
4.84
4.13
6.67
6.23
7.71
7.29
3.94
5.04
2.42
Done
X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6dd1dc0f-226f-4a99-9eb3-05f0f3f8beeb%2F7a178287-b402-49d1-a25d-cbc74cc70855%2F7rcmfq_processed.jpeg&w=3840&q=75)
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.
(a) Use the data from sample 1 to compute a point estimate for the population mean number of shares traded per day in 2018.
A point estimate for the population mean number of PepsiCo shares traded per day in 2018 is 5.48 million.
(Round to two decimal places as needed.)
(b) Using the data from sample 1, construct a 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. There is a
OB. One can be
OC. One can be
OD. The number of shares of PepsiCo stock traded per day is between
% probability that the population mean number of shares of PepsiCo stock traded per day in 2018 is between
% confident that the population mean 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 for
% of all days in 2018.
million and
million and
million and
million.
million.
million.
Sample 1 Volumes (millions
Sample 1
6.16
4.98
5.55
4.28
7.28
6.39
4.02
6.69
5.32
5.05
4.95
3.25
4.92
4.41
4.97
5.07
4.80
6.92
4.16
Print
7.54
8.88
7.56
6.10
4.00
6.22
4.64
6.96
6.71
2.37
4.84
4.13
6.67
6.23
7.71
7.29
3.94
5.04
2.42
Done
X
![Table of Critical t-Values
df
1234 I
5
8
10
11
12
13
14
15
0.25
Area in
right tail
0.718
0.711
0.706
0.703
0.700
0.20
1.000 1.376
1.061
0.816
0.765 0.978
0.741
0.941
0.727
0.920
0.906
0.896
0.889
0.883
0.879
0.15
0.10
1.963
3.078
1.386 1.886
1.250
1.190
1.156
0.697 0.876
0.695
0.873
1.083
(.694
0.870
1.079
0.692
0.868 1.076
0.691
0.866
1.074
0.690
0.865
1.071
0.05
-Distribution
Area in Right Tail
0.025
1.638 2.353
1.533
2.132
2.015
1.476
1.134 1.440
1.943
1.119
1.415
1895
1.108
1860
1.397
1.100
1.383
1.833
1093
1.372 1.812
1.345
1.341
1.337
12.706
6.314
2.920
1088 1.363
1.796
1.356
1.782
1.771
1.350
1.761
1.753
1.746
4.303
3.182
2.776
2.571
2.365
2.306
2.262
2.228
2201
2.179
2.160
2.145
2.131
2.120
0.02
2612
15.894
31.821
6.965
4.849
4.541
3.482
2.999
2.757
LIST
2 449
2.398
2.359
0.01
12.328
2.303
0282
0.005
3.143
2.998
2.896
2.821
2.764
63.657
9.925
5.841
4.604
3.747
3.365
4.032
3.707
3409
3.355
3.250
3.169
2.718
3.106
2.681
3.055
2.650 3.012
2.264
2.624
2.249
2.602
2.583
2.335
2.977
2.947
2.921
27
0.0025
127.321
14.089
7.453
5.598
4.773
4317
4.029
3.833
3.690
3.581
3.497
3.428
3.372
3.326
3.286
3.252
0.001
318.309
22.327
10.215
7.173
5.893
5.208
4.785
4.501
4.297
4.144
4.025
3.930
3.852
3.787
3.733
3.686
0.0005
636.619
31.599
12.924
8.610
6.869
5.959
5.408
5.041
4.781
4.587
4.437
4.318
4.221
4.140
4.073
4.015
JP
12345 crxag
7
10
11
12
13
15
16](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6dd1dc0f-226f-4a99-9eb3-05f0f3f8beeb%2F7a178287-b402-49d1-a25d-cbc74cc70855%2F4bthoa9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Table of Critical t-Values
df
1234 I
5
8
10
11
12
13
14
15
0.25
Area in
right tail
0.718
0.711
0.706
0.703
0.700
0.20
1.000 1.376
1.061
0.816
0.765 0.978
0.741
0.941
0.727
0.920
0.906
0.896
0.889
0.883
0.879
0.15
0.10
1.963
3.078
1.386 1.886
1.250
1.190
1.156
0.697 0.876
0.695
0.873
1.083
(.694
0.870
1.079
0.692
0.868 1.076
0.691
0.866
1.074
0.690
0.865
1.071
0.05
-Distribution
Area in Right Tail
0.025
1.638 2.353
1.533
2.132
2.015
1.476
1.134 1.440
1.943
1.119
1.415
1895
1.108
1860
1.397
1.100
1.383
1.833
1093
1.372 1.812
1.345
1.341
1.337
12.706
6.314
2.920
1088 1.363
1.796
1.356
1.782
1.771
1.350
1.761
1.753
1.746
4.303
3.182
2.776
2.571
2.365
2.306
2.262
2.228
2201
2.179
2.160
2.145
2.131
2.120
0.02
2612
15.894
31.821
6.965
4.849
4.541
3.482
2.999
2.757
LIST
2 449
2.398
2.359
0.01
12.328
2.303
0282
0.005
3.143
2.998
2.896
2.821
2.764
63.657
9.925
5.841
4.604
3.747
3.365
4.032
3.707
3409
3.355
3.250
3.169
2.718
3.106
2.681
3.055
2.650 3.012
2.264
2.624
2.249
2.602
2.583
2.335
2.977
2.947
2.921
27
0.0025
127.321
14.089
7.453
5.598
4.773
4317
4.029
3.833
3.690
3.581
3.497
3.428
3.372
3.326
3.286
3.252
0.001
318.309
22.327
10.215
7.173
5.893
5.208
4.785
4.501
4.297
4.144
4.025
3.930
3.852
3.787
3.733
3.686
0.0005
636.619
31.599
12.924
8.610
6.869
5.959
5.408
5.041
4.781
4.587
4.437
4.318
4.221
4.140
4.073
4.015
JP
12345 crxag
7
10
11
12
13
15
16
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