Question
A meteorologist who sampled 9 thunderstorms found that the average speed at which they traveled across a certain state was 16 miles per hour.
A meteorologist who sampled 9 thunderstorms found that the average speed at which they traveled across a certain state was 16 miles per hour. The standard deviation of the sample was 3.6 miles per hour. Round the final answers to at least two decimal places. Part: 0 / 2 Part 1 of 2 Find the 99% confidence interval of the mean. Assume the variable is normally distributed.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
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