Point estimate of the population mean
Determine the point estimate of the population mean and margin of error for the confidence interval. lower bound is 16, upper bound is 26.
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Cash $60,000, Accounts Receivable: $25,000, Allowances of Uncollectible Accounts $4,500, Inventory: $15,000, consisting 500 units at $30 per unit. All accounts are in normal balance.
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