Interest Rates Narrative
The following 10 observations are interest rates on unpaid balances on credit cards for a department store: 10.4, 10.1, 9.5, 10.5, 10.6, 9.3, 9.9, 10.7, 9.5, and 10.0.
-Refer to Interest Rates Narrative. Find a 99% confidence interval for the population mean , and explain how to use it for testing vs. using

Question

Interest Rates Narrative
The following 10 observations are interest rates on unpaid balances on credit cards for a department store: 10.4, 10.1, 9.5, 10.5, 10.6, 9.3, 9.9, 10.7, 9.5, and 10.0.
-Refer to Interest Rates Narrative. Find a 99% confidence interval for the population mean  , and explain how to use it for testing  vs.  using

Quizplus · Accepted Answer

The Answer of Interest Rates Narrative
The following 10 observations are interest rates on unpaid balances on credit cards for a department store: 10.4, 10.1, 9.5, 10.5, 10.6, 9.3, 9.9, 10.7, 9.5, and 10.0.
-Refer to Interest Rates Narrative. Find a 99% confidence interval for the population mean  , and explain how to use it for testing  vs.  using

Interest Rates Narrative The Following 10 Observations Are Interest Rates on Unpaid Balances