Question
1.A test for the level of potassium in the blood is not perfectly precise. Moreover, the actual level of potassium in a person's blood varies
1.A test for the level of potassium in the blood is not perfectly precise. Moreover, the actual level of potassium in a person's blood varies slightly from day to day. Suppose that repeated measurements for the same person on different days vary Normally with a standard deviation of 0.2.
If 3 measurements were taken on different days and the mean result is 3.2, what is a 90% confidence interval for the mean blood potassium level?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
