The following data represent the prices for a 4 GB flash memory card from online retailers. Treat

Question:

The following data represent the prices for a 4 GB flash memory card from online retailers. Treat these data as a simple random sample of all online retailers. In Problem 35 from Section 9.2, we obtained a 95% confidence interval for the mean price.

(a) Construct a 95% confidence interval for the mean price of a 4 GB Flash Memory Card using a bootstrap sample with 1000 resamples.

(b) Draw a histogram of the 1000 sample means. What is the shape of the histogram?

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Statistics Informed Decisions Using Data

ISBN: 9780321757272

4th Edition

Authors: Michael Sullivan III

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Question Posted: Aug 09, 2019 09:52 AM

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The following data represent the prices for a 4 GB flash memory card from online retailers. Treat

Question:

14.75 12.25 13.49 13.76 14.99 15.27 15.95 20.49 14.99 17.88

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a Summary Statistics b The histogram resembles that of a normal distribut...View the full answer

Statistics Informed Decisions Using Data

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