The American Community Survey (ACS), part of the United States Census Bureau, conducts a yearly census similar

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The American Community Survey (ACS), part of the United States Census Bureau, conducts a yearly census similar to the one taken every ten years, but with a smaller percentage of participants. The most recent survey estimates with 90%

confidence that the mean household income in the U.S. falls between $69,720 and $69,922. Find the point estimate for mean U.S. household income and the error bound for mean U.S. household income.

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Introductory Business Statistics

ISBN: 202318

1st Edition

Authors: Alexander Holmes , Barbara Illowsky , Susan Dean

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