Question: From a data source whose values follow a normal distribution as expected value and standard deviation =1.6, 14 figures are observed, the average of which

From a data source whose values follow a normal distribution as expected value and standard deviation =1.6, 14 figures are observed, the average of which is 4.8. Determine the intermediate estimate of the parameter with a confidence level of 95%.

(a) Lower limit of the intermediate estimate:

(b) Upper limit of the interim estimate:

Enter the exact value or approximation of your answer to three decimal places. Use a period as the decimal separator.

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 Mathematics Questions!

In a certain town 60% of the households own mutual funds, 40% own individual stocks, and 20% own both mutual funds and individual stocks. 1. The proportion of households that own mutual funds but not...

Name: E number: Math 1530 section number Question 1 (2.85 points) Eggs that are contaminated with salmonella can cause food poisoning among consumers. A large egg producer takes an SRS of 200 eggs...

BASED ON THE CASE STUDY BELOW KINDLY PREPARE FREE CASH FLOW STATEMENT FOR Systech. Case Swimmers Headphones1 Finally! Its the end of 2019 and you are sitting at your new desk in a plush office in...

Case Swimmers Headphones1 Finally! Its the end of 2019 and you are sitting at your new desk in a plush office in north Bogota, with a delicious cup of Colombian coffee. You think about all it took to...

On your desk is an idea for a new product forwarded to you by Martha Rodriguez, Systech's recently appointed Chief Executive Officer (CEO: specially-designed headphones that can be worn while...

BASED ON THE CASE STUDY BELOW KINDLY PREPARE FREE CASH FLOW STATEMENT FOR Systech. Case Swimmers Headphones1 Finally! Its the end of 2019 and you are sitting at your new desk in a plush office in...

BASED ON THE CASE STUDY BELOW KINDLY PREPARE FREE CASH FLOW STATEMENT FOR Systech. The report details the estimated demand and price for the Swimmers headphones. A few hours later, you receive the...

A sampled-data system closed-loop block diagram is shown in Figure DPI 3.6. Design D{z) to such that the closed-loop system response to a unit step response has a percent overshoot P.O. 12% and a...

If a company that uses IFRS determines that a provision must be accrued and estimates a range of possible outcomes between $60,000 and $100,000 with no one amount being more likely than another, what...

9 . ) lim x 1 3 x 2 - 5 x + 2 x - 1 =

1. Should management inside the organization have a formalized ethical code to live by? 2. Would an ethical code make a difference in the organization? 4. How would you enforce an ethical code?

1. Diplomatic relations between the United States and the Soviet Union would be severed in 1993 than that

2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).