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Category > Statistics Posted 09 May 2017 My Price 7.00

The annual main stem growth, measured for a sample

The annual main stem growth, measured for a sample of 17 4-year-old red pine trees, produced a mean of 11.3 inches and a standard deviation of 3.4 inches. Find a 90% confidence interval for the mean annual main stem growth of a population of 4-year-old red pine trees subjected to similar environmental conditions. Assume that the growth amounts are normally distributed. Owing to the variability of trade-in allowance, the profit per new car sold by an automobile dealer varies from car to car. The profits per sale (in hundreds of dollars), tabulated for the past week, were 2.1, 3.0, 1.2, 6.2, 4.5, and 5.1. Find a 90% confidence interval for the mean profit per sale. What assumptions must be valid for the technique that you used to be appropriate?

 

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Status NEW Posted 09 May 2017 10:05 AM My Price 7.00

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file 1494325567-Answer.docx preview (174 words )
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