2. Copy and paste a 92% confidence interval for the mean high price of all stock
ID: 3058069 • Letter: 2
Question
2. Copy and paste a 92% confidence interval for the mean high price of all stocks on the NASDAQ exchange in the space provided. Answer the following questions regarding this printout: a. What assumptions are necessary for this confidence interval to be valid? Make sure you use the words of the problem_when stating this assumption 2 variable N Lo 92% CI UP 92% CI HIGH 25 18.102 46.883 The assumptions necessary to make the confidence interval valid are: 1. The population from which this sample of size -25 has been picked should have Normal Distribution. 2. Each value in the sample of variable "high" should be picked independent of each other b. Suppose I claim that the mean high price of all NASDAQ stocks was $20. Based on the interval you created, make a statement regarding my claim.Explanation / Answer
2. Copy and paste a 92% confidence interval for the mean high price of all stocks on the NASDAQ exchange in the space provided. Answer the following questions regarding this printout: a. What assumptions are necessary for this confidence interval to be valid? Make sure you use the words of the problem_when stating this assumption 2 variable N Lo 92% CI UP 92% CI HIGH 25 18.102 46.883 The assumptions necessary to make the confidence interval valid are: 1. The population from which this sample of size -25 has been picked should have Normal Distribution. 2. Each value in the sample of variable "high" should be picked independent of each other b. Suppose I claim that the mean high price of all NASDAQ stocks was $20. Based on the interval you created, make a statement regarding my claim.
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