You Are Given the Following Information Obtained from a Random $\mu$

question 51

Essay

You are given the following information obtained from a random sample of 6 observations. Assume the population has a normal distribution.
a.What is the point estimate of $\mu$ ?
b.Construct an 80% confidence interval for $\mu$ .
c.Construct a 98% confidence interval for $\mu$ .
d.Discuss why the 80% and 98% confidence intervals are different.

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