Find a 95 confidence interval for niyakis mean net warranty, Basic Statistics

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Find a 95 confidence interval for niyakis mean net warranty

Find a 95% confidence interval for Niyaki's mean net warranty cost per unit sold (net of the $50 paid for the plan for those who purchase it).

Assume that this mean is for the first failure only; subsequent failures of the same units are ignored here.

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Basic Statistics: Find a 95 confidence interval for niyakis mean net warranty

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