In describing confidence intervals on a mean z and t, Business Economics

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In describing confidence intervals on a mean z and t

In describing confidence intervals on a mean, z and t intervals are frequently mentioned. How are z and t confidence intervals different? Choose one interval and give an example of how it could be applied within an operations or production environment that is different from those mentioned in the overview with the completed math done out for illustration.

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Business Economics: In describing confidence intervals on a mean z and t

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