Confidence interval for the population mean
Construct a 98% confidence interval for the population mean, M. Assume the population has a normal distribution. A random sample of 20 college students has mean annual earnings of $3480 with a standard deviation of $668.
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Assume that the salaries of elementary school teachers in the United States are normally distributed with a mean of $31,000 and a standard deviation of $3000. If 100 teachers are randomly selected, find the probability that their mean salary is le
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