Create confidence interval for population mean of statistics
Construct a 95% confidence interval for the population mean given the following statistics: sample mean = $40,000, sample standard deviation =$1500 and n= 25. Assume that the population from which the sample is drawn is normally distributed.
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Construct a 95% confidence interval for the population mean given the following statistics: sample mean = $40,000, sample standard deviation =$1500 and n= 25.
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