To find x*:
xstar <- qnorm(.05,355,2/sqrt(12))Or ...
zstar <- qnorm(.05) xstar <- 355 + zstar*2/sqrt(12) # understand?
Now, make a decision based upon this sample of volumes, measured on a particular day:
354.3 352.9 357.9 351.6 353.4 354.5 355.3 358.9 356.8 354.9 351.4 354.6To enter the data into the R session:
volumes <- scan() # then select and copy the 12 numbers from the web page, # copy them at the prompt, # double [enter key] to end. # Or just type in the numbers.