If a random sample of 41 items produces x = 128.4 and s = 20.6, what is the 98% confidence interval for μ? Assume x is normally distributed for the population. What is the point estimate?
128.4 2.423 ( 20.6 / 41 )
128.4 7.795
(120.60 , 136.20 )
At 98 %, CI for Population Mean is (120.60 , 136.20 )
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Point Estimate = x bar = 128.4
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