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Let y 1 y n be iid draws from a distribution with mean 10


Let Y 1 ,...., Y n be i.i.d. draws from a distribution with mean μ =10. A test of H0 : μ = 10 using the usual t-statistic yields a p-value of 0.07.

a. Does the 90% confidence interval contain μ =10?

b. Can you determine if μ =8 is contained in the 95% confidence interval?

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Business Economics: Let y 1 y n be iid draws from a distribution with mean 10
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