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A survey organization, as part of the United States Census Bureau, conducts a yearly census similar to the one taken every ten years, but with
A survey organization, as 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. One of these surveys estimates with 90% confidence that the mean household income in the U.S. falls between $69,721and $69,923. Find the point estimate for mean U.S. household income.
Find the sample mean:
Find the error bound for mean U.S. household income.
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