Question
A population mean is being estimated based on a sample of size 49. The sample mean is 95, and the sample standard deviation is 21.
A population mean is being estimated based on a sample of size 49. The sample mean is 95, and the sample standard deviation is 21.
a) The 95% CI is constructed as (88.97, 101.03), please give the confidence statement for this interval.
b) Suppose CI99 is constructed. How does this interval compared to the interval above?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
