The value of a sports franchise is directly related to the amount of revenue a franchise can generate. The accompanying data table shows the annual revenue (in millions of dollars) and value (in millions of dollars) for 30 baseball franchises. Complete parts (a) through (c) below. E Click the icon to see the annual revenue and value data table. a. Construct a 90% confidence interval estimate of the mean value of all baseball franchises that generate $225 million of annual revenue OSHYIX = 225 O (Round to two decimal places as needed.) - X Annual Revenue and Value Revenue Value Revenue Value 221 526 186 244 448 171 379 865 731 262 199 171 170 327 463 186 396 374 385 321 456 148 188 156 188 343 242 727 162 407 176 349 439 1599 267 863 160 300 229 532 190 156 183 288 483 440 143 315 190 454 157 413 484 162 325 199 174 377 179 388
The value of a sports franchise is directly related to the amount of revenue a franchise can generate. The accompanying data table shows the annual revenue (in millions of dollars) and value (in millions of dollars) for 30 baseball franchises. Complete parts (a) through (c) below. E Click the icon to see the annual revenue and value data table. a. Construct a 90% confidence interval estimate of the mean value of all baseball franchises that generate $225 million of annual revenue OSHYIX = 225 O (Round to two decimal places as needed.) - X Annual Revenue and Value Revenue Value Revenue Value 221 526 186 244 448 171 379 865 731 262 199 171 170 327 463 186 396 374 385 321 456 148 188 156 188 343 242 727 162 407 176 349 439 1599 267 863 160 300 229 532 190 156 183 288 483 440 143 315 190 454 157 413 484 162 325 199 174 377 179 388
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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B) Construct a 90% prediction interval of the value of an individual baseball franchise that generates $225 million of annual revenue.

Transcribed Image Text:The value of a sports franchise is directly related to the amount of revenue a franchise can generate. The accompanying data table shows the annual revenue (in millions of dollars) and value (in millions of dollars) for 30 baseball franchises.
Complete parts (a) through (c) below.
Click the icon to see the annual revenue and value data table.
a. Construct a 90% confidence interval estimate of the mean value of all baseball franchises that generate $225 million of annual revenue
SHYIX = 225 U
(Round to two decimal places as needed.)
Annual Revenue and Value
Revenue
Value
Revenue
Value
221
526
186
448
171
379
244
731
262
865
170
327
199
463
186
385
171
396
148
321
188
374
188
456
156
343
242
727
162
407
176
349
439
1599
267
863
160
300
229
532
190
440
143
288
156
315
190
483
183
454
157
413
162
325
199
484
174
377
179
388
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