A random sample of 26 checking accounts at a bank showed an average daily balance of $300 and a standard deviation of $45. The balances of all checking accounts at the bank are normally distributed. If instead of a 95% confidence interval, you were asked to calculate a 90% confidence interal, the confidence interval will be: O proader O narrower O same cannot be determined
A random sample of 26 checking accounts at a bank showed an average daily balance of $300 and a standard deviation of $45. The balances of all checking accounts at the bank are normally distributed. If instead of a 95% confidence interval, you were asked to calculate a 90% confidence interal, the confidence interval will be: O proader O narrower O same cannot be determined
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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![A random sample of 26 checking accounts at a bank showed an average daily balance of $300 and a standard deviation of $45. The balances of all checking accounts at the bank are normally distributed. If instead of a 95% confidence interval, you were asked to calculate a 90%
confidence inteval, the confidence interval will be:
O broader
O narrower
O same
O cannot be determined](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F561e6b49-da59-49a1-8d1e-f37531108f67%2F5db1d304-4935-4c91-bc46-446caa27260c%2F1zypbj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A random sample of 26 checking accounts at a bank showed an average daily balance of $300 and a standard deviation of $45. The balances of all checking accounts at the bank are normally distributed. If instead of a 95% confidence interval, you were asked to calculate a 90%
confidence inteval, the confidence interval will be:
O broader
O narrower
O same
O cannot be determined
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