Question
OK I so need help....I have tried to solve this but I can't. I thought if I had the formula I could just plug in
OK I so need help....I have tried to solve this but I can't. I thought if I had the formula I could just plug in the numbers. I just do not understand how 5.83% and 9.81% is the answer.... I get 7.87% and 7.76%....using 7.82% as the average meanwhat am I doing wrong???
This is the problem, I have been asked to solve construct a 93% confidence interval for the MEAN of the column 'Annual % ROI'.We do not know the population standard deviation. Here is the data I have been given n= 20 colleges
7.70% 20 colleges with %
8.40%
7.80%
7.40%
7.30%
7.20%
7.00%
7.10%
7.00%
7.20%
7.00%
7.00%
7.50%
6.90%
6.70%
8.10%
9.10%
10.10%
9.90%
10.00%
PLEASE HELP!!!
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