simple random sample of 10 UE students were taken to estimate the mean (μ) weekly allowance of all UE students. The data are:   500  550  600  1000  675   450  500  650  800  825 1. Construct a 95% C.I. on μ and interpret. 2. Construct a 99% C.I. on μ and interpret.

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 simple random sample of 10 UE students were taken to estimate the mean (μ) weekly allowance of all UE students. The data are:

  500  550  600  1000  675

  450  500  650  800  825

1. Construct a 95% C.I. on μ and interpret.

2. Construct a 99% C.I. on μ and interpret.

 

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