Question: For Problem Set 4, you worked with data on the number of children in a household. In this sample of 60,460 households, the average number

  1. For Problem Set 4, you worked with data on the number of children in a household. In this sample of 60,460 households, the average number of children was 0.80 (s=1.14).
    1. Calculate a 95% confidence interval for the number of children in the household. Be sure to show all relevant intermediate values.

  1. Interpret the meaning of this confidence interval.

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