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Calculate a 99 percent confidence interval for μ

The weight of a product is measured in pounds. A sample of 50 units is taken from a batch. The sample yielded the following results: = 75 lbs., and s = 10 lbs.

Calculate a 99 percent confidence interval for μ.

Solution Preview

N= 50
M = 75
S = 10
Compute standard error SE = S / SQRT(n) = 10 / SQRT(50) ...

Solution Summary

The solution provides a brief explanation on how to calculate a 99% confidence interval for μ, using equations.

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