You believe the population is normally distributed. Find the 80% confidence interval. Enter your answer as an open-interval (i.e., parentheses) accurate to twp decimal places (because the sample data are reported accurate to one decimal place). 80% C.I. =

You believe the population is normally distributed. Find the 80% confidence interval. Enter your answer as an open-interval (i.e., parentheses) accurate to twp decimal places (because the sample data are reported accurate to one decimal place). 80% C.I. =

Name: You intend to estimate a population mean u with the following sample.
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Description: You intend to estimate a population mean u with the following sample.48.839.348.136.245.849.339.536.54444.145.645.8You believe the population is normally distributed. Find the 80% confidence interval. Enter youranswer as an open-interval (i.e., pare

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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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 $117.00. Assume the population standard deviation is $15.50. Construct a 90% confidence interval for the population mean. The 90% confidence interval is ( ). (Round to two decimal places as needed.) Construct a 95% confidence interval for the population mean. The 95% confidence interval is ( ). (Round to two decimal places as needed.) Interpret the results. Choose the correct answer below. O A. With 90% confidence, it can be said that the population mean price lies in the first interval. With 95% confidence, it can be said that the population mean price lies in the second interval. The 95% confidence interval is narrower…
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