(Answered) You are given the sample mean and the population standard

Economics

You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean.

A random sample of 44 gas grills has a mean price of $649.50. Assume the population standard deviation is $57.10.

The 90% confidence interval is ( , )?

The 95% confidence interval is ( , )?

What interval is wider? The 90% confidence interval or the 95% confidence interval?

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Business Economics, Economics

Category:- Business Economics
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