Use the following data: 44 37 49 30 56 48 53 42 51 38 39 45 47
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Question:
Use the following data:
44 37 49 30 56 48 53 42 51
38 39 45 47 52 59 50 46 34
39 46 27 35 52 51 46 45 58
51 37 45 52 51 54 39 48
a. Construct 95% confidence interval to estimate µ. Assume that σ is 7.75. State the point estimate.
b. Suppose that µ = 46. Test the hypothesis at 5% significance level. (Show the 5 steps.)
Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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