Accepted characters : numbers, decimal point markers (period or comma), sign ind
ID: 2658773 • Letter: A
Question
Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.
Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.
For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.
Find a 95% confidence interval for the mean profit.
A 95% confidence interval for the mean profit would be [$ ...?....,$.....?.... ] (round to two decimal places)
Explanation / Answer
Let's suppose say mean profit is Mu
Let Standard deviation be S
therefore 95% confidence interval would be (Mu-1.96*S , Mu+1.96*S)
Lower limit = Mu - 1.96*S
Upper limit = Mu + 1.96*S