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A survey of first-time home buyers foundthat the sample mean annual income was $46,000. Assume that the survey used a sample of 25 first-time home

A survey of first-time home buyers foundthat the sample mean annual income was $46,000. Assume that the survey used a sample of 25 first-time home buyers and that the sample standard deviation was $1,100. Compute and explain a 95% confidence interval estimate of the population mean.

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