You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. From a random sample of 40 business​ days, the mean closing price of a certain stock was ​$108.50 . Assume the population standard deviation is​$11.36 . The​ 90% confidence interval is ​(nothing ​,nothing ​).​(Round to two decimal places as​ needed.) The​ 95% confidence interval is ​(nothing ​,nothing ​). ​(Round to two decimal places as​ needed.) Which interval is​ wider? Choose the correct answer below. The​ 95% confidence interval The​ 90% confidence interval Interpret the results. A. You can be​ 90% confident that the population mean price of the stock is outside the bounds of the​90% confidence​ interval, and​ 95% confident for the​ 95% interval. B. You can be certain that the population mean price of the stock is either between the lower bounds of the​ 90% and​ 95% confidence intervals or the upper bounds of the​ 90% and​ 95% confidence intervals. C. You can be​ 90% confident that the population mean price of the stock is between the bounds of the​ 90% confidence​interval, and​ 95% confident for the​ 95% interval. D. You can be certain that the closing price of the stock was within the​ 90% confidence interval for approximately 36 of the 40 ​days, and was within the​ 95% confidence interval for approximately 38 of the 40 days.

Answers

Answer 1

Answer:

The​ 90% confidence interval is ($105.55,$111.45)

The 95% confidence interval is ($104.98,$112.02)

The 95% confidence interval is wider.

C. You can be​ 90% confident that the population mean price of the stock is between the bounds of the​ 90% confidence​interval, and​ 95% confident for the​ 95% interval.

Step-by-step explanation:

90% confidence interval:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.9}{2} = 0.05[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.05 = 0.95[/tex], so Z = 1.645.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.645\frac{11.36}{\sqrt{40}} = 2.95[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 108.50 - 2.95 = $105.55

The upper end of the interval is the sample mean added to M. So it is 108.50 + 2.95 = $111.45

The​ 90% confidence interval is ($105.55,$111.45)

95% confidence interval:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.025 = 0.975[/tex], so Z = 1.96.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96\frac{11.36}{\sqrt{40}} = 3.52[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 108.50 - 3.52 = $104.98

The upper end of the interval is the sample mean added to M. So it is 108.50 + 3.52 = $112.02

The 95% confidence interval is ($104.98,$112.02)

Which interval is​ wider?

The 95% confidence interval has a larger margin of error, so it is wider.

x% confidence interval:

A confidence interval is built from a sample, has bounds a and b, and has a confidence level of x%. It means that we are x% confident that the population mean is between a and b.

So the correct interpretation is:

C. You can be​ 90% confident that the population mean price of the stock is between the bounds of the​ 90% confidence​interval, and​ 95% confident for the​ 95% interval.


Related Questions

HELPPPP PLZ. I NEED HELP PLZ I WILL GIVE MORE POINTS AND BRAINLIEST FOR CORRECT ANSWER.

Answers

Nicole is more expansive

Step-by-step explanation:

x for Rhonda replaced by 2 = 21. X for Nicole replaced by 2=24

Answer:

Step-by-step explanation:

Nicole is more expansive

Step-by-step explanation:

x for Rhonda replaced by 2 = 21. X for Nicole replaced by 2=24

Here are the noon temperatures (in degrees Celsius) in a particular Canadian city on Thanksgiving Day for the 10 years from 2002 through 2011: 0, 3, 6, 8, 2, 9, 7, 6, 4, 5. Describe the typical temperature and the amount of variation to a person who has never had a course in statistics. Give three ways of describing the representative temperature and two ways of describing its variation, explaining the differences and how you figured each. (You will learn more if you try to write your own answer first, before reading our answer at the back of the book.)

Answers

Answer:

a) Three ways of describing the representative or typical temperatures are the mean, median, and mode.

The mean = 5.  This is the average temperature.  It is calculated by adding up the varying temperatures each year and dividing by 10.

Median = 5.5.  This is the middle value in the temperature table.  There are two middle numbers (5 and 6) in the dataset.  They are added and divided by two.

Mode = 6.  This is the value that occurs more than other values in the dataset.  The value 6 occurred twice more than other values.

b) The two ways of describing the variation of temperatures are the variance and the standard deviation.

Variance = 7. This is a measure of how spread out a data set is. It is calculated as the average squared deviation of each number from the mean of a dataset.

Standard Deviation = 2.65.  The standard deviation measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.

Step-by-step explanation:

a) Data and Calculations:

Noon Temperatures (in degrees Celsius) in a particular Canadian City on Thanksgiving Day:

Year    Degree  Difference     Squared

           Celsius                       Difference

2002        0          -5                     25

2003        3          -2                       4

2004        6           1                        1

2005        8           3                       9

2006        2          -3                       9

2007        9           4                      16

2008        7           2                       4

2009        6           1                        1

2010         4          -1                        1

2011          5          0                       0

Sum       50                                  70

Mean =    5 (50/10)

Variance =                                    7 (70/10)

Standard Deviation = 2.65 (Square root of variance)          

Median =  0, 2, 3, 4, 5, 6, 6, 7, 8, 9 (the values are arranged numerically.)

= (5 + 6)/2 = 5.5

Mode = 6 (occurred twice more than other values)

Russell is purchasing a $175,000 home with a 30-year mortgage. He will put
down $15,000 down payment. Use the table below to find his monthly PMI
payment
Base-To-Loan %
Fixed-Rate Loan
30 yrs. 15 yrs.
ARM 2% + 1 Year Cap
30 yrs.
15 yrs.
95.01% to 97%
0.90% 0.79%
n/a
n/a
90.01% to 95%
0.78% 0.26%
0.92%
0.81%
85.01% to 90%
0.52% 0.23%
0.65% 0.54%
85% and Under
0.32% 0.19%
0.37% 0.26%
O A. $97.50
B. $1170
O c. $1248
O D. $104.00

Answers

104.00

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heydubeuheisnsndu

~!!!! HELP IM IN 7TH GRADE LEARNING 9TH AND 8TH PLEASE HELP !!!!~
QUESTION~
The graph of g(x) = 4|x| − 3 maps a
person’s path from their house to
school, and their path from school
to a friend’s house. At what point
is the school located?

Answers

Answer:

It would be (0,-3) ^^you can see on the graph

F (x)=x+3x find f(2)

f(x)=3x-2 find f(-10)

help please

Answers

Answer:

f(x)=3x-2 is 4x i dont know bout the other one

Step-by-step explanation:

Answer:

1) f(2) = 8

2) f(-10) = -32

Step-by-step explanation:

Whenever you see a problem that asks something like what f(2) or f(-10) is, it is asking you to substitute whatever number is in the parentheses for every x in the given function.

1) So, to find f(2), substitute 2 for every x in the given function, f(x) = x + 3x and solve:

[tex]f(2) = (2)+3(2)\\f(2) = 2 + 6 \\f(2) = 8[/tex]

Thus, for this function, f(2) = 8.

2) Do the same with the second question. Substitute -10 for every x in the given function, f(x) = 3x - 2.

[tex]f(-10) = 3(-10) - 2 \\f(-10) = -30-2\\f(-10) = -32[/tex]

Thus, for this function, f(-10) = -32.

While Vivian was visiting her sister in Springfield, she bought a set of bunk beds that was marked down 25% from an original price of $80. If the sales tax in Springfield is 10%, what was the total cost of the set of bunk beds?

Answers

Answer:

66 i think

Step-by-step explanation:

A softball has a radius of 3 inches. What is the volume of the softball? Round your answer to the nearest whole number.

Answers

Answer:

38

Step-by-step explanation:

V = 4/3 (pie) r(cube)

V = 4/3 (3.14) 3(cube)

V = 4/3 (3.14) (9)

V = 4/3 (28.26)

V = 37.68

V = 38 (Rounded up)

An FBI agent orders a block of ballistics gel. The gel weighs 54 pounds per cubic foot. What is the weight of the block of gel?

Answers

Answer:

22.5 Pounds

Step-by-step explanation:

This is correct because i did it on Big Ideas and got it correct with 22.5.

Triangle PQR will be rotated 90° counterclockwise about the origin.
What will be the coordinates of R'?

A.
(6, 3)

B.
(3, 6)

C.
(−3, −6)

D.
(1, 2)

Answers

The coordinates would be b. (3,6)

Sam buys 3 different types of fruit in 3-fourths pound baskets. Maria has 1 and 1-fourth pounds fruit.



How many pounds of fruit do they have altogether?

Answers

There are 3.5 pounds of fruit all together

What is the value of the constant in the equation that relates the height and
width of this rectangle?

Answers

Answer:

The answer is A

30

The symbol used to seperate the tenths and ones is called a?

Answers

The answer you are looking for is called a

Decimal

Have a beautiful day!

Cassie has a total of 110 coins in her piggy bank. All the coins are quarters and dimes. The coins have a total value of $20.30. How many quarters and how many dimes are in the piggy bank?

Answers

Answer:

48 dimes and 62 quarters

Step-by-step explanation:

what is - 1/4 + 6 pls i need help

Answers

Answer:

Exact Form: 23/4

Decimal Form: 5.75

Mixed Number Form: 5 3/4

Step-by-step explanation:

Hope this helps! <3

Find the 53rd term of the arithmetic sequence -12,-1,10

Answers

Answer:560

Step-by-step explanation:

Answer: 560

Step-by-step explanation:

The cost of 7 chairs is equal to the cost of 2 tables. If the cost of 6 chairs and 5 tables is Rs.10,575, find the cost of 12 chairs.​

Answers

Answer:

5,400

Step-by-step explanation:

7c = 2t; t = 7c/2

6c +5t = 10575

6c + 5(7c/2) = 10575

6c + 35c/2 = 10575

multiply all through by 2

12c + 35c = 21,150

47c = 21,150

c = 21150/47 = 450

12 chairs = 450 × 12 = 5,400

Suppose that a balanced, six-sided die has been altered so that the faces are 1, 2, 3, 4, 5, and 5. If the die is tossed five times, and the number on the uppermost face is recorded each time, what is the probability that the numbers recorded are 1, 2, 3, 4, and 5 in any order

Answers

Answer:

0.0309

Step-by-step explanation:

Faces on dice ( 1, 2, 3, 4, 5, 5)

Number of outcomes = 6

With 5 repeated twice

P(event A) = Required outcome / Total possible outcomes

Required outcome :

Number of 5's = 2 * distinct faces!

Required outcome = 2 * 5! = 2 * 120 = 240

Total possible outcomes = (number of faces)^distinct Numbers = 6^5 = 7776

Required / total possible = 240 / 7776

= 0.0308641

= 0.0309

PLASE ANSWER THISSSSSSS WILL GIVE BRAINLIST TO WRITE ANSWER

Answers

Answer:

B: 15.7 inches

Step-by-step explanation:

B:15.7 inches thats what the whole answer would be

Find the measure of angel 1.

Answers

Answer:

Refer to the attachment and sorry for bad handwriting, it's 3:51 am here, In India

1. Sprint PCS offers a monthly cellular phone plan for $39.99. It includes 450 anytime minutes and charges $.45 per minute for additional minutes. a. x represents __________________ (2 points) b. f(x) represents ___________________ (2 points) c. Write out your piecewise function, including the domain.

Answers

Answer:

[tex]f(x) = \left \{ {{39.99; 0 \le x \le 450} \atop {0.45x - 162.51; \ x>450}} \right.[/tex]

Step-by-step explanation:

Given

Charges: $39.99 for first 450 minutes

Charges: $0.45 for additional minutes

(a): What is x

x represents the total minutes

(b): What is f(x)

f(x) represents the total monthly cellular charges

(c): The piecewise function

For the first 450 minutes, the function is:

[tex]f(x) = 39.99;\ 0 \le x \le 450[/tex]

For additional minutes.

In (a), the total minutes is x.

So, we have:

Total Charges = Charges for first 450 minutes + Charges for additional minutes * (Minutes after 450 minutes)

[tex]Total\ Charges = 39.99 + 0.45 * (x - 450)[/tex]

[tex]f(x) = 39.99 + 0.45 * (x - 450)[/tex]

Open bracket

[tex]f(x) = 39.99 + 0.45x - 0.45 * 450[/tex]

[tex]f(x) = 39.99 + 0.45x - 202.5[/tex]

Collect Like Terms

[tex]f(x) = 0.45x+39.99 - 202.5[/tex]

[tex]f(x) = 0.45x-162.51[/tex]

The range of the above function is: x > 450.

So, the piecewise function is:

[tex]f(x) = \left \{ {{39.99; 0 \le x \le 450} \atop {0.45x - 162.51; \ x>450}} \right.[/tex]

Help Please! I'll Give Brainliest!

Answers

Answer:

A

Step-by-step explanation:

the answer is a

Roshanda was curious if students in her class would complete a maze faster if fast-paced music was playing in the background. She randomly assigned each student in her class to one of three groups: fast-paced music, slow-paced music, or no music. She timed each student as they individually completed a maze with their corresponding music (or no music) in the background. Students who worked with the fast-paced music, on average, completed the maze significantly faster than students in the other groups.
Can we conclude that the fast-paced music caused her classmates to finish the maze faster? Why?

(A) Yes, because the study included each student in her class

(B) Yes, because the adults were randomly selected

(C) Yes, because the students were randomly assigned to treatment and control groups

(D) Not necessarily, because the sample size was too small

(E) Not necessarily, because this wasn't an experiment

Answers

Answer: (E) Not necessarily, because this wasn't an experiment

Step-by-step explanation:

As much as the results would suggest that the fast-paced music was responsible for the faster finishing time, this conclusion cannot be authoritatively made because this was not technically an experiment but rather a test to satisfy curiosity.

An experiment is planned and is scientific. It has more stringent requirements that ensure causation that Roshanda did not meet before she engaged in this trial so we cannot say for a fact that her findings are objective.

Answer: C. yes, the students were randomly assigned to treatment and control groups.

Step-by-step explanation:

The sum of the angle measures of a quadrilateral is 360°. Write and solve an equation to find the value of x.
84° 68° 95° x°

Answers

Answer:

x=113

Step-by-step explanation:

because 95 + 84 + 68 is 247 360 - 247 = 113

2. The value, v, of the hat is less than $9.
what is the inequality ​

Answers

Answer:

v < 9

Step-by-step explanation:

Since the value of the hat is less than 9, we will use a less than sign.

In the inequality, the less than sign has to be in front of 9.

So, put this together:

v < 9

The inequality is v < 9

What transformation is described by the
notation (x, y) —> x,-y)?

A : translation left 1 unit
B : translation down 1 unit
C : reflection across the x-axis
D : reflection across the y-axis

Answers

Answer:

C. reflection across the x-axis

Step-by-step explanation:

When a point is reflected across the x-axis, the x-coordinate stays the same while the y-coordinate turns into its opposite (positive to negative, negative to positive).

As we can see in the notation, the x-coordinate stayed the same while the y-coordinate went from positive to negative, which tells us that this notation is a reflection across the x-axis.

HELPPPPPPP MEEEEEEEEEEEE

Answers

Answer:

man thats hard

Step-by-step explanation:

Please help me answer this:)

Will give you brainlst ^

Answers

Okay, got it!

Here's the graph (sorry if it's confusing I'm going to try my best)

             Print   Electronic   Total

Youths    33       28      61

Adults    33       37      70

Total     66        65      131

Hope this helps!

I have 15 pounds of flour. How many batches of pizza dough can I make from 1 bag of flour?

Answers

Answer:

with one pound of pizza dough you can make one large pizza or two 10-inch pizzas.

so 15 Large pizzas or 30 10 in pizzas

Step-by-step explanation:

y=1+sinx/cosx find dy/dx​

Answers

Anwser:





X=1539 I think

Simplify the expression:
- 3+ 40 - 80 ->

Answers

Answer:

-3 + 40 - 80 = -43

hope it helps

Other Questions
Review the map.A map titled Climates of South America. A key shows types of climate by color. Green = Tropical. Light green = Subtropical. Red = Dry. Orange = Temperate. Blue = Marine. White = Cold. The northern third of South America is shaded green with a couple areas of red. Light green is next to the green and goes south. The west coast is a combination of red and white with blue at the southernmost tip.What kind of climate is found north of the Brazilian Highlands?coldmarinetemperatetropical find the sum. -4 + (-2) =-6-226HELP PLEASEEE Plz help quick need answer ii) During burning, elements in the coal areconverted to compounds called ???? I have a class in goo.gle classroomwhich you can learn Japanese and talk to fellow anime fans. If you would like to join the code is pt6loorIt's LGBTQ+ inclusive so no one will get left out!Have a nice day & stay safe!Hope to see you there!!! Maria baked x cookies. She distributed the cookies equally among her 6 neighbors. Each neighbor received 18 cookies. Which equation matches this situation? Angle 1 and Angle 2 are complementary angles. The measure of angle 1 is 42 degrees. The measure of angle 2 is 3x degrees. Find the value of x. What is the unit rate for $380 for 15ft how do squaring and taking the square root relate By the end of the 19th century, jingoism in the United States was encouraged by all of the following except:___________.(a) European imperialism (b) International Darwinism (c) Yellow journalism (d) Naval views of Alfred Thayer Mahan (e) New immigrants i need help i will give u a brainliest Describe your ideal job by answering the questions in French. Where do you want to work?What do you want to do?What are the responsibilities of this profession?What personal qualities are needed for this job?What are the schedules?What salary do you want?Next, pretend you are an employer seeking an individual for your ideal job. Write a classified ad in French that details the job. Mr. Charles gave both of his sons, Joe and Bill, $5,000. Joe deposited the money in an account that offered simple interest of 11% per year. Bill deposited the money in a bank that offered an interest of 9% compounded annually. Who would be richer at the end of 6 years and by what amount? Joe: $ , Bill: $ , . earns more. Write a verbal description of the set {a, i, e, o, u} Which inequality is true if p = 2.8? 1/3 divided by 1/8a, 1/24b. 3/8C. 2 and 2/3d. 24 Theera began and ended with mass extinctions.A. CenozoicB. PrecambrianO C. MesozoicD. Paleozoic Pls help me ill give brainliest Can someone help me, please??? Which fraction is closer to 1/2? A) 1/3B) 5/10 C) 2/12 D) 6/5 F) 1/8 And thats all the choices! This is due tomorrow!!!! Plz help thanks