[Solved] CEO's from the electronics industry were randomly sampled and a 90% confidence interval for the avg. of all electronics CEO's was constructed.
Question: 45 CEO's from the electronics industry were randomly sampled and a 90% confidence interval for the avg. of all electronics CEO's was constructed. THE interval was ($95,136, $110,372). Give the practical interpretation of the interval above.
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Descriptive Statistics Calculator of Grouped Data - MathCracker.com