Confidence interval for true population mean


A NAPA Auto Parts supplier desires information regarding how long car owners plan to keep their cars. A random sample of 41 car owners results in mean of 7 years with standard deviation of 3.75 years. Determine a 95% confidence interval for the true population mean. Identify the point estimate for mean and margin of error.

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Basic Statistics: Confidence interval for true population mean
Reference No:- TGS0869911

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