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Confidence Interval - statistics

A survey of individuals who passed the BAR finds the average starting salary for lawyers to be $75,215 for 36 individuals sampled. If the population standard deviation is $15,990 find a 90% confidence interval for the true mean.

Round your answers to the nearest whole number.

Solution Summary

This solution is comprised of detailed step-by-step calculation and analysis of the given problem and provides students with a clear perspective of the underlying concept. Calculations have also been shown in Interactive EXCEL sheets for better understanding.