Data on investments in the high-tech industry by venture capitalists are compiled by Venture One Corporation and
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a. Determine a 95% confidence interval for the mean amount, μ, of all venture-capital investments in the fiber optics business sector. Assume that the population standard deviation is $2.04 million. (Note: The sum of the data is $113.97 million.)
b. Interpret your answer from part (a).
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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