Question:

The average daily volume of a computer stock in 2011 was u =

Last updated: 7/26/2022

The average daily volume of a computer stock in 2011 was u =

The average daily volume of a computer stock in 2011 was u = 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 30 trading days in 2018, he finds the sample mean to be 32.1 million shares with a standard deviation of s = 12.3 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho ____ ______35.1 million shares H1_____ _______35,1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2018 With 95% confidence, the mean stock volume in 2018 is between_____ million shares and____ million shares. (Round to three decimal places as needed).