Determining the confidence interval for population mean


An important factor in selling a residential property is the number of people who look through the home. A sample of 15 homes recently sold in the Buffalo, New York, area revealed the mean number looking through each home was 24 and the standard deviation of the sample was 5 people.

Develop a 98% confidence interval for the population mean. (Use Student's t Distribution Table.)

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Basic Statistics: Determining the confidence interval for population mean
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