4. Suppose you have a sample of 5 people where X represents cookie consumption in the past week. the following X: (6, 5, 4, 1, 1). What is the mean of X? What is the Standard deviation of X? What is the Standard Error of X? Calculate the 95% confidence interval for X. Calculate the 99% confidence interval for X. Interpret your findings.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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4. Suppose you have a sample of 5 people where X represents cookie consumption in the
past week. the following X: (6, 5, 4, 1, 1). What is the mean of X? What is the Standard
deviation of X? What is the Standard Error of X? Calculate the 95% confidence interval
for X. Calculate the 99% confidence interval for X. Interpret your findings.
Transcribed Image Text:4. Suppose you have a sample of 5 people where X represents cookie consumption in the past week. the following X: (6, 5, 4, 1, 1). What is the mean of X? What is the Standard deviation of X? What is the Standard Error of X? Calculate the 95% confidence interval for X. Calculate the 99% confidence interval for X. Interpret your findings.
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