Determining the confidence interval for the population mean


Assume that the salaries of full-time staff from the education department at your school have a normal distribution. A sample of fifteen salaries is chosen, and it is found that their mean salary is $32,420. Assume the standard deviation of the population is given as $8,210. Find the 80% confidence interval for the population mean, give the margin of error and discuss your results.

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Basic Statistics: Determining the confidence interval for the population mean
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