The average daily volume of a computer stock in 2011 was μ=35.1million​ shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level....


The average daily volume of a computer stock in 2011 was  μ=35.1million​ shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 40 trading days in​ 2018, he finds the sample mean to be 25.7million​ shares, with a standard deviation of s=13.8 million shares. Test the hypotheses by constructing a
95​% confidence interval. Complete parts​ (a) through​ (c) below.


(B)  Construct a 95​% confidence interval about the sample mean of stocks traded in 2018.

With 95​% confidence, the mean stock volume in 2018 is between

(Round to three decimal places as​ needed.)








Jun 08, 2022
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