A random sample of 8 observations was drawn from a normal population. The sample mean and sample
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A random sample of 8 observations was drawn from a normal population. The sample mean and sample standard deviation are x̄ = 40 and s = 10.
a. Estimate the population mean with 95% confidence.
b. Repeat part (a) assuming that you know that the population standard deviation is σ = 10.
c. Explain why the interval Estimate produced in part (b) is narrower than that in part (a).
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Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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