Question
Listed below are weights (grams) from a simple random sample of pennies produced after 1983. construct a 95% confidence interval estimate of standard deviation for
Listed below are weights (grams) from a simple random sample of pennies produced after 1983. construct a 95% confidence interval estimate of standard deviation for the population of such pennies. what does the confidence interval suggest about the U.S mint specifications that now require a standard deviation of 0.0230 g for weights of pennies?
2.5024 2.5298 2.4998 2.4823 2.5163 2.5222 2.4900 2.4907 2.5017
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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