(See Solution) The average yearly income of 28 community college instructors was $56,718. The standard deviation was $650. Find the 95% confidence interval
Question: The average yearly income of 28 community college instructors was $56,718. The standard deviation was $650. Find the 95% confidence interval of the true mean. If a faculty member wishes to see if he or she is being paid below average, what salary value should he or she use?
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