What are lower and upper bounds of confidence interval, Basic Statistics

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What are lower and upper bounds of confidence interval

A reliable revenue stream for cities is parking meters. A random sample of 81 parking meters yielded a sample mean of $120 with a sample standard deviation of $36. We want to find a 95% confidence interval for the population mean.

Find the appropriate t-value to use: tc= ?

Find the point estimate for the mean?

Find the margin of error ?

what are the lower and upper bounds of the confidence interval?

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Basic Statistics: What are lower and upper bounds of confidence interval

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Basic Statistics: What are lower and upper bounds of confidence interval

Reference No:- TGS0116818

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Recent Questions Asked Basic Statistics

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Ask an Expert for Answer!!

Basic Statistics: What are lower and upper bounds of confidence interval

Reference No:- TGS0116818

Recent Questions Asked Basic Statistics

Q : What is the p value associated with the bowling average

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Q : Level of significance to test the claim

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