Question: 0 Question 3 v E 0/1 pt '0 3 8 99 (9 Details If n = 17, a7; = 40, and s = 12, construct

0 Question 3 v E 0/1 pt '0 3 8 99 (9 Details If n = 17, a7; = 40, and s = 12, construct a confidence interval at a 80% confidence level. Assume the data came from a normally distributed population. Give your answers to three decimal places. maull

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.