Confidence interval for the population mean


Calculate a 95% confidence interval for the population mean, based on sample 1.5, 1.54, 1.55, 1.51, 0.09, 0.08, 1.60, 0.17, 0.99, 0.98, 1.12, 1.13, 1.00, 1.56, and 1.53. Change last number from 1.53 to 50 and recalculate confidence interval. Using the results, explain the effect of outlier or extreme value on confidence interval.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Confidence interval for the population mean
Reference No:- TGS0872857

Expected delivery within 24 Hours