MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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What is Confidence Intervals for μ1 − μ2?
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- Compute a confidence interval on the mean when σ is known?arrow_forwardLorraine computed a confidence interval for μ based on a sample of size 41. Since she did not know σ, she used s in her calculations. Lorraine used the normal distribution for the confidence interval. Are Lorraine's methods correct? Explain.arrow_forwardFind the 95% confidence interval for estimating the population mean μ If sample mean X = 50, sample size n= 60 and population standard deviation σ is known to be 10.arrow_forward
- True or False Q: If a 95% confidence interval for the difference in two independent means is (-4.5 to 2.1), then the point estimate is -2.1.arrow_forwardA simple random sample of size n=40 is drawn from a population. The sample mean is found to be x=121.3 and the sample standard deviation is found to be x=12.3. Construct a 99% confidence interval for the population mean.arrow_forwardX1=45 N1=35 S1=9 X2=47 N2=40 S2=8 Find the confidence interval of 80% ?arrow_forward
- A confidence interval has been determined to be -6<u<6, what was the sample mean that was used to produce this confidence interval?arrow_forwardA researcher constructs a confidence interval using the value z*=1.44. What confidence level does their interval havearrow_forwardZα/2 for the 96% confidence intervalarrow_forward
- How do you Express the confidence interval (0.839, 0.958) in the form of p±E?arrow_forwardA financial analyst wants to estimate the difference in the mean growth for all large- and small-cap stocks for the last 60 days. He selects a random sample of 30 large-cap stocks and 30 small-cap stocks from the large populations of large- and small-cap stocks. Are the conditions for constructing a 90% confidence interval for the difference in the true mean growth of all large- and small-cap stocks for the last 60 days met? Random: 10%: Normal/Large Sample:arrow_forwardWhat will happen to the precision of a confidence interval if the variability of a sample gets reduced, all other things equal?arrow_forward
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