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3. A survey was taken to determine the average starting salary of recent BCIT business graduates. A random sample of 16 recent graduates resulted in

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3. A survey was taken to determine the average starting salary of recent BCIT business graduates. A random sample of 16 recent graduates resulted in a sample standard deviation of $8,000 and a confidence interval for the mean starting salary of $30,738 m $39,262. What is the confidence level used for this estimate of the population mean starting salary? [5 marks]

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