[All Steps] Find the 95% confidence interval and point estimate of the population mean for the incomes of Northern California business owners. The results


Question: Find the 95% confidence interval and point estimate of the population mean for the incomes of Northern California business owners. The results of the random sample are given below:

data is in thousands of dollars:

91 140 312 720 260

29 25 14 310 8

15 187 725 230 55

13 146 297 295 148

35 247 31 752 1580

434 34 199 51 846

4610 2540 12 6 178

Interpret your results.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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