A college admissions officer for an MBA program has determined that historically applicants have undergraduate grade point

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A college admissions officer for an MBA program has determined that historically applicants have undergraduate grade point averages that are normally distributed with standard deviation 0.45. From a random sample of 25 applications from the current year, the sample mean grade point average is 2.90.
a. Find a 95% confidence interval for the population mean.
b. Based on these sample results, a statistician computes for the population mean a confidence interval extending from 2.81 to 2.99. Find the confidence level associated with this interval.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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