(See Solution) From a sample of ten full-time staff, chosen from the education department at your school, it is found that their mean salary is $50,340.
Question:
From a sample of ten full-time staff, chosen from the education department at your school, it is found that their mean salary is $50,340. Assume the standard deviation of the population is given as $15,320. Find the 95% confidence interval for the population mean, give the margin of error and discuss your results.
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