Question: A random sample of the closing stock prices for a company in a recent year is listed. Assume that is $2.62. Use the information

A random sample of the closing stock prices for a company in a recent year is listed. Assume that σ is $2.62.

18.41 16.91 16.83 17.72 15.54 15.56 18.01 19.11 19.79 18.32 18.65 20.71

Use the information to construct the 90% and 99% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals.

18.41 16.91 16.83 17.72 15.54 15.56 18.01 19.11 19.79 18.32 18.65 20.71 20.66 21.04 21.74 22.13 21.96 22.16 22.86 20.86 20.74 22.05 21.42 22.34 22.83 24.34 17.97 14.47 19.06 18.42 20.85 21.43 21.97 21.81

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x x n 67867 34 1996 90 CI x z c n 1996 1645 262 34 1996 0739 1922 2070 99 ... View full answer

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