A sample of 25 observations is selected from a normal population where the population standard deviation is

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A sample of 25 observations is selected from a normal population where the population standard deviation is 4.75. The sample mean is 16.85.
a. Determine the standard error of the mean.
b. Determine the 98% confidence interval for the population mean.
c. If you wanted a narrower interval, would you increase or decrease the confidence level?

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Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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