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Home / Questions / Compute a 95% confidence interval for the population mean, based on the sample 1.5, 1.54, 1.55,...

Compute a 95% confidence interval for the population mean, based on the sample 1.5, 1.54, 1.55,...

Compute a 95% confidence interval for the population mean, based on the sample 1.5, 1.54, 1.55, 1.51, 0.09, 0.08, 1.55, 0.07, 0.99, 0.98, 1.12, 1.13, 1.00, 1.56, and 1.53. Change the last number from 1.53 to 50 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval.

Apr 28 2020 View more View Less

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