Question
Assume that you have measured 49 subjects on a particular continuous variable. The calculated mean (M) is 25, and the standard deviation (SD) is 5.
a. Compute a 95% confidence interval for the mean.
b. Interpret the 95% confidence interval for the mean that you have calculated above.
c. Calculate a 99% confidence interval for the mean.
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Basic Business Statistics Concepts And Applications
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
12th Edition
132168383, 978-0132168380
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