30 likes | 47 Views
FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br>A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in millions of dollars. Determine a 95% confidence interval for the mean amount, μ, of all venture-capital investments in the fiber optics business sector. Assume that the population standard deviation is $2.14 million. (Note: The sum of the data is $61.49 million. Round to two decimal places.
E N D
A Random Sample Of 10 Venture-Capital tutorialoutlet.com A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in millions of dollars FOR MORE CLASSES VISIT www.tutorialoutlet.com A random sample of 10 venture-capital investments in the fiber optics business sector yielded the following data, in millions of dollars. Determine a 95% confidence interval for the mean amount, μ, of all venture-capital investments in the fiber optics business sector. Assume that the population standard deviation is $2.14 million. (Note: The sum of the data is $61.49 million. Round to two decimal places. Please show all relevant formulas. I have been working on this problem for the last hour and I'm lost. thank you.