Multiple Choice
Calculate the width of both intervals (note that you will need to convert the log- transformed interval back into dollars) . Which interval is narrower?
A) Width of interval for untransformed data: 55.6; width of interval for transformed data: 111.2. The width of the interval for the log transformed data is narrower.
B) Cannot be determined with the given information
C) Width of interval for untransformed data: 111.2; width of interval for transformed data: 204.6. The width of the interval for the untransformed data is narrower.
D) Width of interval for untransformed data: 111.2; width of interval for transformed data: 92.7. The width of the interval for the log transformed data is narrower.
Correct Answer:
Verified
Correct Answer:
Verified
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