Business bankruptcies in Canada are monitored by the Office ofthe Superintendent of BankruptcyCanada (OSB).10(OSB).10 Included in each report are theasssets and liabilities the company declared at the time of thebankruptcy filing. A study is based on a random sampleof 7575 bankruptcy reports filed during the year. Theaverage debt (liabilities minus assets) is $5.32 million with astandard deviation of $5.87 million.

Constructa 95%95% one?sample t confidenceinterval for the average debt of Canadian companies filingbankruptcy reports this year. Express your answer in intervalform, (lower bound,upper bound),(lower bound,upperbound), in millions of dollars, precise to threedecimal places.

find the 95% confidence interval:

in million dollars

Answer rating: 100% (QA)

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