Question
A Minneapolis-area employer is preparing to hire for a new business analyst position. They found a report for their local labor market that says
A Minneapolis-area employer is preparing to hire for a new business analyst position. They found a report for their local labor market that says the mean salary for early career, professional workers in the area is $64,365 and the confidence interval around this estimate is $48,745 - $79,985. What information does this confidence interval provide to the business?
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