Question

From a random sample of 35 days in a recent year, the closing stock prices for...

From a random sample of 35 days in a recent year, the closing stock prices for Hasbro had a mean of $23.20. Assume the population standard deviation was $4.34.  Identify the following values for calculating the 90% confidence interval estimating the population mean.

(matching)

____Critical z value a: 1.645

____Margin of error E b. 1.207

____Lower boundary of interval c. 24.407

____Upper Boundary of Interval d. 21.993

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
From a random sample of 36 days in the recent year, the closing stock prices had...
From a random sample of 36 days in the recent year, the closing stock prices had a mean of $ 19.31 and the standard deviation of $2.37.  Using the information to construct the 90% confidence interval for the population mean is between: a. (18.54 , 20.08) b. (18.66 , 19.96) c. (17.62 , 18.01) d. (16.02 , 17.98)
A random sample of the closing stock prices in dollars for a company in a recent...
A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that sigma is ​$2.29. Construct the 90​% and 99​% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. 18.16 17.37 20.79 21.54 16.89 19.22 22.91 18.71 15.42 15.21 20.67 20.85 18.53 22.85 18.47 17.13 The​ 90% confidence interval is left parenthesis $ nothing comma $ nothing right parenthesis . ​(Round to...
From a random sample of 75 business days from January 4th, 2010, through February 24th, 2017,...
From a random sample of 75 business days from January 4th, 2010, through February 24th, 2017, Russian silver prices had a mean of $3,338.48 and σ= $205.61 was the population standard deviation of silver prices. Construct a 90% confidence interval for the true population mean μ and interpret this interval.
4.1       A recent survey found that 35 people out of a sample of 410 South Africans...
4.1       A recent survey found that 35 people out of a sample of 410 South Africans suffer from diabetes. Construct a 95% confidence interval for the true proportion of all South Africans who suffer from diabetes. Interpret your answer. (6) Confidence Interval Confidence Level Z - Limits 90% ± 1.645 95% ±1.96 99% ±2.58
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the...
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in the following table. [You may find it useful to reference the t table.] Months Closing Stock Price January 90, February 95, March 96, April 99, May 91, June 93 a. Calculate the sample mean and the sample standard deviation. b. Calculate the 95% confidence interval for the mean stock price of Panera Bread Co., assuming that...
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the...
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in the following table. [You may find it useful to reference the t table.]    Months Closing Stock Price January 32 February 35 March 39 April 36 May 34 June 31    a. Calculate the sample mean and the sample standard deviation. (Round intermediate calculations to at least 4 decimal places and "Sample mean" and "Sample standard...
Suppose that a random sample of 50 bottles of a particular brand of cough syrup is...
Suppose that a random sample of 50 bottles of a particular brand of cough syrup is selected and the alcohol content of each bottle is determined. Let μ denote the average alcohol content for the population of all bottles of the brand under study. Suppose that the resulting 95% confidence interval is (7.6, 9.2). (a) Would a 90% confidence interval calculated from this same sample have been narrower or wider than the given interval? Explain your reasoning. The 90% would...
In a random sample of twelve ​people, the mean driving distance to work was 24.5 miles...
In a random sample of twelve ​people, the mean driving distance to work was 24.5 miles and the standard deviation was 5.2 miles. Assume the population is normally distributed and use the​ t-distribution to find the margin of error and construct a 90% confidence interval for the population mean μ. Identify the margin of error. Construct a 90​% confidence interval for the population mean.
In a random sample of eleven cell​ phones, the mean full retail price was 401.00 and...
In a random sample of eleven cell​ phones, the mean full retail price was 401.00 and the standard deviation was 166.00. Assume the population is normally distributed and use the​ t-distribution to find the margin of error and construct a 90​% confidence interval for the population mean μ. 1-Identify the margin of error. 2-Construct a 90​% confidence interval for the population mean.
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the...
The monthly closing stock prices (rounded to the nearest dollar) for Panera Bread Co. for the first six months of 2010 are reported in the following table. [You may find it useful to reference the t table.]    Months Closing Stock Price January 145 February 144 March 149 April 146 May 150 June 140 Source: http://finance.yahoo.com.    a. Calculate the sample mean and the sample standard deviation. (Round intermediate calculations to at least 4 decimal places and "Sample mean" and...