Effect of extreme value on confidence interval

Reference no: EM13105227

Compute a 95% confidence interval for the population mean, based on the sample 25, 27, 23, 24, 25, 24 and 59. Change the number from 59 to 24 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval.

Reference no: EM13105227

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