Assuming that the population is normally distributed, construct a 95% confidence interval for the population mean, based
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Assuming that the population is normally distributed, construct a 95% confidence interval for the population mean, based on the following sample of size n = 7:
1 2 3 4 5 6 20
Change the value of 20 to 7 and recalculate the confidence inter-val. Using these results, describe the effect of an outlier (i. e., an extreme value) on the confidence interval.
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Related Book For
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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