8. Suppose the price of a stock is normally distributed with mean µ and variance o² = 4. In 5 days the following values have been observed: (x₁,...,x5) = (8, 10, 21, 14, 9). Which of the following is a 95% confidence two-sided interval for the parameter u? A [10.647, 14.153] B[8.48, 16.32] C[10.929, 13.871] D [8.939, 15.861]

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
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8. Suppose the price of a stock is normally distributed with mean μ and variance o² = 4. In 5 days the
following values have been observed: (x₁,..., 25) = (8, 10, 21, 14, 9). Which of the following is a 95%
confidence two-sided interval for the parameter u?
A [10.647, 14.153]
B[8.48, 16.32]
C[10.929, 13.871]
D [8.939, 15.861]
Transcribed Image Text:8. Suppose the price of a stock is normally distributed with mean μ and variance o² = 4. In 5 days the following values have been observed: (x₁,..., 25) = (8, 10, 21, 14, 9). Which of the following is a 95% confidence two-sided interval for the parameter u? A [10.647, 14.153] B[8.48, 16.32] C[10.929, 13.871] D [8.939, 15.861]
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