(Step-by-Step) As the Statistical Specialist for the Securities Exchange Commission you are requested to derive the Estimate of the Population Mean for
Question: As the Statistical Specialist for the Securities Exchange Commission you are requested to derive the Estimate of the Population Mean for the "Age of Insider Traders", A random lection of 64 Insider Trading cases reveals that the average age of these Insider Traders is 46 years. The population standard deviation from the FBI data base Is 19 years. Estimate the population mean with a 90% confidence Interval. Assume the
Population Mean is known.
Deliverable: Word Document 