Solutions:-
Since n>30 we use z instead of t but some professor use t whenever population standard deviation is unknown so Im solving for both cases, I will go with case 1 by the way
sample size,n = 40
sample mean,x = 120.6
standard deviation,s = 12.6
alpha,a = 1-0.99 = 0.01
Za/2 = Z0.005 = 2.575
confidence interval:
x +/- [Za/2 * (s/sqrt(n))]
120.6+/- [2.575 * (12.6/sqrt(40))]
120.6+/- 5.1300
= ( 115.47 , 125.73)
The lower bound is 115.47
The upper bound is 125.73
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simple random sample of size n= 40 is drawn from a population. The sample mean is...
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