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As part of an annual review of its accounts,a discountbrokerage selects a random sample of 28 customers. Their accounts are reviewed for total account valuation,
As part of an annual review of its accounts,a discountbrokerage selects a random sample of 28 customers. Their accounts are reviewed for total account valuation, which showed a mean of $32,700, with a sample standard deviation of $8,800. (Use t Distribution Table.) |
What is a 98%confidence intervalfor the mean account valuation of the population of customers?(Round your answers to thenearest dollaramount.) |
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