Estimate the mean percentage increase


A random sampling of n = 200 savings accounts in a local community showed the mean increase in savings account values to be 7.2% over the past 12 months, with standard deviation 5.6. Estimate the mean percentage increase in savings account values over the past 12 months for depositors in the community. Place a bound on your error of estimation.

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Basic Statistics: Estimate the mean percentage increase
Reference No:- TGS0848845

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