Assuming that the population is normally distributed, construct a 95% confidence interval estimate for the population mean

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Assuming that the population is normally distributed, construct a 95% confidence interval estimate for the population mean for each of the following samples:

Explain why these two samples produce different confidence intervals even though they have the same mean and range.

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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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Question Posted: Mar 29, 2016 06:24 AM

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Assuming that the population is normally distributed, construct a 95% confidence interval estimate for the population mean

Question:

Sample A:1 1 8 8 8 8 Sample B: 2 3 4 5 6 7 8

Step by Step Answer:

Set 1 13719 76281 Set 2 24522 6547...View the full answer

Basic Business Statistics Concepts And Applications

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