Short Answer
You are given the following information obtained from a random sample of 6 observations. Assume the population has a normal distribution.
14 20 21 16 18 19
a. What is the point estimate of μ?
b. Construct an 80% confidence interval for μ.
c. Construct a 98% confidence interval for μ.
d. Discuss why the 80% and 98% confidence intervals are different.
Correct Answer:
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a. 18
b. 16.43 to 19.57 rounde...View Answer
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Correct Answer:
Verified
b. 16.43 to 19.57 rounde...
View Answer
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