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sample size = 42 mean = 13.7 standard deviation = 1.89 confidence level = 0.995 All sample data is provided in millions of dollars ($

sample size = 42 mean = 13.7 standard deviation = 1.89 confidence level = 0.995

All sample data is provided in millions of dollars ($ million). Please maintain the same units throughout your analysis. DO NOT TRANSFORM THESE VALUES. Report only values in your analysis. Do not include units.

What is the degrees of freedom in this sample?

What is the standard error?

What is the value at midpoint of the confidence interval?

What is the level of significance for this analysis ()? Provide a decimal, not a percentage.

What is the amount of error that you will accept in the upper tail of the confidence interval?

What type of situation does this problem represent?

(a)

two-tail

(b)

lower-tail

(c)

upper-tail

What is t/2?

What is the value of the upper limit of the confidence interval?

What is the value of the lower limit of the confidence interval?

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