Compute a 95% confidence interval for the population mean, based on the sample 1, 2, 3, 4, 5, 6, 39.
Question: Compute a 95% confidence interval for the population mean, based on the sample 1, 2, 3, 4, 5, 6, 39. Change the number from 39 to 16 and recalculate the confidence interval. Using the results, describe the effect of an outlier or extreme value on the confidence interval.
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Solution Format: Word Document
Solution Format: Word Document
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