MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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  1. Use the appropriate formula to do this problem by hand. You should ONLY use Stat Key to find the theoretical distribution value for z or t (depending on the situation you either use Z or T so figure out which is correct).  Round final endpoints to the nearest whole dollar.

 

In a sample of 63 people in a city who lost their job as a result of the COVID 19 pandemic the mean checking/savings account balances when their jobs were lost was $4,389 with a standard deviation of $3,970.  Construct and INTERPRET the 90% confidence interval estimate for the population mean checking/savings account balance for residents in this city who lost their job due to COVID 19.

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