Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please provide a step-by-step explanation for each part. Assuming that the population is normally distributed, construct a 90% condence interval for the population mean, based
Please provide a step-by-step explanation for each part.
Assuming that the population is normally distributed, construct a 90% condence interval for the population mean, based on the following sample size of n = 5. 1,2, 3, 4, and 17 % Change the number 17 to 5 and recalculate the condence interval. Using these results, describe the effect of an outlier (that is, an extreme value) on the condence interval. Find a 90% condence interval for the population mean, using the formula or calculator. 5 p5 (Round to two decimal places as needed.) Change the number 17 to 5. Find a 90% condence interval for the population mean, using the formula or calculator. s [.15 (Round to two decimal places as needed.) What is the effect of an outlier on the condence interval? 0 A. The presence of an outlier in the original data decreases the value of the sample mean and greatly decreases the sample standard deviation, narrowing the condence interval. 0 B. The presence of an outlier in the original data increases the value of the sample mean and greatly decreases the sample standard deviation, narrowing the condence interval. 0 c. The presence of an outlier in the original data increases the value of the sample mean and greatly inates the sample standard deviation, widening the condence interval. O D. The presence of an outlier in the original data decreases the value of the sample mean and greatly inates the sample standard deviation, widening the condence intervalStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started