A random sample of 400 measurements is selected from a population, and the sample mean and standard
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A random sample of 400 measurements is selected from a population, and the sample mean and standard deviation are x = 40.5 and s = 26.0, respectively.
a. Use a 99% confidence interval to estimate the mean of the population, m.
b. How large a sample would be needed to estimate m to LO6 within .5 with 99% confidence?
c. What is meant by the phrase “99% confidence” as it is used in this exercise?
*d. Find a 99% confidence interval for s2.
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