Solution-Interval captures the true population mean

Interval captures the true population mean

Reference no: EM131061403

A sampling distribution is shown for the budgets (in millions of dollars) of all movies to come out of Hollywood in 2011, using samples of size 20. We see that the standarderror is about 10.23. For each of the sample means listed, use the standard error of10.23 to find a 95% confidence interval and state whether or not the interval captures the true population mean of 53.48 million dollars. (1) mean=40 (2) mean=70 (3) mean=84

Reference no: EM131061403

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Interval captures the true population mean : For each of the sample means listed, use the standard error of10.23 to find a 95% confidence interval and state whether or not the interval captures the true population mean of 53.48 million dollars. (1) mean=40 (2) mean=70 (3) mean=84

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Interval captures the true population mean

Reference no: EM131061403

Reference no: EM131061403

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