Refer to Exercise 17. It is discovered that the mean 0f

Chapter 6, Problem 19E

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QUESTION:

Refer to Exercise 17. It is discovered that the mean 0f the sample used to compute the confidence bound is \(X^{-}=3.40\) Is it possible to determine whether  Explain.

equation transcription:

text transcription:

X^{-}=3.40

Questions & Answers

QUESTION:

Refer to Exercise 17. It is discovered that the mean 0f the sample used to compute the confidence bound is \(X^{-}=3.40\) Is it possible to determine whether  Explain.

equation transcription:

text transcription:

X^{-}=3.40

ANSWER:

Step 1 of 3

 upper confidence bound :

For confidence level , determine  using the normal probability table in the appendix (look up  in the table, the -score is then the found -score with opposite sign):

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