You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 50 home theater systems has a mean price of $145.00. Assume the population standard deviation is $16.60. Construct a 90% confidence interval for the population mean. The 90% confidence interval is (141.14141.14,148.86148.86). (Round to two decimal places as needed.) Construct a 95% confidence interval for the population mean. The 95% confidence interval is (enter your response here,enter your response here). (Round to two decimal places as needed.)
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 50 home theater systems has a mean price of $145.00. Assume the population standard deviation is $16.60. Construct a 90% confidence interval for the population mean. The 90% confidence interval is (141.14141.14,148.86148.86). (Round to two decimal places as needed.) Construct a 95% confidence interval for the population mean. The 95% confidence interval is (enter your response here,enter your response here). (Round to two decimal places as needed.)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals.
A random sample of
50
home theater systems has a mean price of
$145.00.
Assume the population standard deviation is
$16.60.
Construct a 90% confidence interval for the population mean.
The 90% confidence interval is
(141.14141.14,148.86148.86).
(Round to two decimal places as needed.)
Construct a 95% confidence interval for the population mean.
The 95% confidence interval is
(enter your response here,enter your response here).
(Round to two decimal places as needed.)
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