Question: Assuming that the population is normally distributed, construct a 90% confidence interval for the population mean, based on the following sample size of n=6 1,2,3,4,5,18

Assuming that the population is normally distributed, construct a 90% confidence interval for the population mean, based on the following sample size of n=6

1,2,3,4,5,18

in the given data replace the value 18 with 6 and recalculate the confidence interval. using these results, describe the effect of an outlier (that is, an extreme value) on the confidence interval, in general

Find a 95% confidence interval for the population mean using the formula.

----- less than or equal to mean less than or equal to ------

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!