From a random sample of 36 business days from February 24, 2016, through February 24, 2017, the
Question:
From a random sample of 36 business days from February 24, 2016, through February 24, 2017, the mean closing price of Apple stock was $116.16. Assume the population standard deviation is $10.27.
You are given the sample mean and the population standard deviation. Use this information to construct 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
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With 90 confidence you can say that the population mean pric...View the full answer
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Related Book For 
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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