Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. assume a normal population with known variance �

Assume a normal population with known variance σ2, a random sample (n< 30) is selected. Let...

90.2K

Verified Solution

Question

Statistics

Assume a normal population with known variance σ2, a randomsample (n< 30) is selected. Let x¯,s represent the sample meanand sample deviation. (1)(2pts) write down the formula: 98%one-sided confidence interval with upper bound for the

population mean. (2)(6pts) show how to derive the confidenceinterval formula in (1).

Answer & Explanation Solved by verified expert
3.8 Ratings (468 Votes)
Let X has a normal distribution with mean and variance Then we know that has a Normal distribution with mean and Variance Therefore by definition we havewill have a N01The 98    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

In a mathematics class 70 students received an A on the third test which is...

Finance
1.2K views

9.1 . Describe 10 best practices for managers to identify information technology, regulations, and risk management...

Medical Sciences
1.2K views

Discuss the action of nephrons in the urinary system. Describe the different parts of the nephron...

Electrical Engineering
1.2K views

What is a good ground resistance value? Hence explain the rules governing earthing in Australian residences

Basic Math
1.2K views

Directions: Answer the following questions. Round probabilities to four digits after the decimal. For full credit, you...

Accounting
1.2K views

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable expenses...

Accounting
1.2K views

Departures from Acquisition Cost Determine the proper total inventory value for each of the following items...

Physics
1.2K views

The magnetic field B in figure a and b at the point O is R...

Basic Math
1.2K views

Aria is ordering a taxi from an online taxi service. The taxi charges $4 just...

Algebra
1.2K views

b Steven looks at the top of the lat pulldown machine with an angle of...

Accounting
1.2K views

a mortgage bond is referred to as a debenture bond

Accounting
1.2K views

Problem 3-05A a-g (Part Level Submission) On November 1, 2020, the account balances of Hamm...