[Steps Shown] The president of a large university wishes to estimate the average age of the students presently enrolled. From the past studies, the standard
Question: The president of a large university wishes to estimate the average age of the students presently enrolled. From the past studies, the standard deviation is known to be 3 years. A sample of 60 students is selected, and the mean is found to be 23.4 years. Find the 99% confidence interval of the population mean. Interpret the confidence interval.
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