Compute a 95% confidence interval for the population mean, based on the sample 10, 12, 13, 14,

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Compute a 95% confidence interval for the population mean, based on the sample 10, 12, 13, 14, 15, 16, and 49. Change the number from 49 to 16 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval
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Basic Marketing Research

ISBN: 978-1133188544

8th edition

Authors: Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill

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