You are given the sample mean and the population standard deviation. Use this information to construct the90%
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Question:
You are given the sample mean and the population standard deviation. Use this information to construct the90% and95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. Ifconvenient, use technology to construct the confidence intervals.
A random sample of
5050
home theater systems has a mean price of
$127.00127.00.
Assume the population standard deviation is
$19.6019.60.
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