Answered: As part of an annual review of its…

Name: As part of an annual review of its account, a discount brokerage selec
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Description: As part of an annual review of its account, a discount brokerage selects a random sample of 26 customers. Their accounts are reviewed for total account valuation, which showed a mean of $32100,with a sample standard deviation of $8550(use distributio

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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As part of an annual review of its account, a discount brokerage selects a random sample of 26 customers. Their accounts are reviewed for total account valuation, which showed a mean of $32100,with a sample standard deviation of $8550(use distribution table)

What is a 95% confidence interval for the mean account valution of the population of customers?

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