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A reporter for a student newspaper is writing an article on the cost of off-campus housing. A sample of 16 efficiency apartments within a half-mile
A reporter for a student newspaper is writing an article on the cost of off-campus housing. A sample of 16 efficiency apartments within a half-mile of campus resulted in a sample mean of $650 per month and a sample standard deviation of $55. Provide a 95% confidence interval estimate of the mean rent per month for the population of efficiency apartments within a half-mile of campus?
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