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Author Question: You are given the following information obtained from a random sample of 6 observations. Assume the ... (Read 106 times)

jany123

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on: Mar 25, 2023

Question 1

You are given the following information obtained from a random sample of 5 observations taken from a large population.

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Construct a 95% confidence interval for the mean of the population, assuming the population has a normal distribution.



Question 2

You are given the following information obtained from a random sample of 6 observations. Assume the population has a normal distribution.

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a.What is the point estimate of μ?
b.Construct an 80% confidence interval for μ.
c.Construct a 98% confidence interval for μ.
d.Discuss why the 80% and 98% confidence intervals are different.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by jany123 on Mar 25, 2023

dianagarcia

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jany123

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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