Find confidence interval for mean of current balance


55 credit card holders are selected at random. for each their current credit card balance is recorded. the average for these 55 people is xbar = $700. assume that the current balance of all credit card holders follows a normal distribution with unknown mean and known standard deviation of $90. what is the 99% confidence interval for the mean?

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Basic Statistics: Find confidence interval for mean of current balance
Reference No:- TGS0110597

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