Assuming that the population is normally distributed, construct a 95% confidence interval for the population mean, based on the following sample size of n=8.
1, 2, 3, 4, 5, 6, 7 and 16
In the given data, replace the value 16 with 8 and recalculate the confidence interval. Using these results, describe the effect of an outlier (that is, an extreme value) on the confidence interval, in general.
Find a 95% confidence interval for the population mean, using the formula or technology.
___≤ μ ≤ ___
(Round to two decimal places as needed.)
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