Question: You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 31 business days, the mean closing price of a certain stock was $118.23. Assume the population standard deviation is $10.26. The 90% confidence interval is (). (Round to two decimal places as needed.)
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