(a) Use the following data to compute a 95% CI for ₁-₂ m-661, 229, 1514, n=402, y-2613, and 1116. (Round your answers to two decimal places.) Does the resulting interval suggest that has been precisely ustimated? O The interval is fairty narrow, which does not suggest a precise estimate. The interval is fairly wide, which suggests a precise estimate. O The interval is fairly wide, which does not suggest a precise estimate. The interval is fairly narrow, which suggests a precise estimate. (b) Use the following data to compute a 95% upper confidence bound for ₁-y: m50, x=43,600, ₁2500, n50,36,300, and 1800. (Round your answer to two decimal places.)

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(a) Use the following data to compute a 95% CI for ₁-₂ m-001, x2298, s, 1514, n=402, y 2633, and s, 1118. (Round your answers to two decimal
places)
Does the resulting interval suggest that
has been precisely estimated?
O The interval is fairty narrow, which does not suggest a precise estimate.
O The interval is fairly wide, which suggests a precise estimate.
O The interval is fairly wide, which does not suggest a precise estimate.
The interval is fairly narrow, which suggests a precise estimate.
(b) Use the following data to compute a 95% upper confidence bound for ₁-₂: m50, x=43,600, ₁2500, 50,36.300, and 1800, (Round your
answer to two decimal places.)
Transcribed Image Text:(a) Use the following data to compute a 95% CI for ₁-₂ m-001, x2298, s, 1514, n=402, y 2633, and s, 1118. (Round your answers to two decimal places) Does the resulting interval suggest that has been precisely estimated? O The interval is fairty narrow, which does not suggest a precise estimate. O The interval is fairly wide, which suggests a precise estimate. O The interval is fairly wide, which does not suggest a precise estimate. The interval is fairly narrow, which suggests a precise estimate. (b) Use the following data to compute a 95% upper confidence bound for ₁-₂: m50, x=43,600, ₁2500, 50,36.300, and 1800, (Round your answer to two decimal places.)
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