Below you are given ages that were obtained by taking a random sample of 6 undergraduate instructors at a university.Assume the population has a normal distribution.
a.
What is the point estimate of μ?
b.
Determine the standard deviation.
c.
Construct a 90% confidence interval for the average age of undergraduate instructors.
d.
Construct a 99% confidence interval for the average age of undergraduate instructors.
e.
Discuss why the 90% and 99% confidence intervals are different.
Correct Answer:
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a.
40 years
b.
2.19 (rounded...
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