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In a survey, 44 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean

In a survey, 44 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $54 and standard deviation of $3.

Calculate, state, and interpret a 95% confidence interval to estimate the mean amount of money parents spend on their child's birthday gift. Round to the nearest 100th where necessary.

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