Question: the standard normal distribution or the t-distribution to construct a 99% confidence interval for the population mean. Justify your decision. If neither distribution can be


the standard normal distribution or the t-distribution to construct a 99% confidence interval for the population mean. Justify your decision. If neither distribution can be used, explain why. Interpret the andom sample of 13 mortgage institutions, the mean interest rate was 3.62% and the standard deviation was 0.46%. Assume the interest rates are normally distributed. distribution should be used to construct the confidence interval? Use a normal distribution because n
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