A savings and loan association needs information concerning the checking account balances of its loc


Question: A savings and loan association needs information concerning the checking account balances of its local customers. A random sample of 14 accounts was checked and yielded a mean balance of $644.14 and a standard deviation of $297.29. Find a 98% confidence interval for the true mean checking account balance for local customers. You may assume balances are normally distributed. (5 points)

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See Solution: The solution consists of 1 page
Deliverables: Word Document

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