Question: A random sample of 24 items is drawn from a population whose standard deviation is unknown. The sample mean is x = 870 and the

A random sample of 24 items is drawn from a population whose standard deviation is unknown. The sample mean is x = 870 and the sample standard deviation is s = 25. Use Appendix D to find the values of Student's t. (a) Construct an interval estimate of / with 98% confidence. (Round your answers to 3 decimal places.) The 98% confidence interval is from 859.520 to 880.480 (b) Construct an interval estimate of / with 98% confidence, assuming that s = 50. (Round your answers to 3 decimal places.) The 98% confidence interval is from 21.487 to ences (c) Construct an interval estimate of / with 98% confidence, assuming that s = 100. (Round your answers to 3 decimal places.) The 98% confidence interval is from 846.737 to 893.263
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
