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Please answer parts A, B, C. 1. Copy and paste a printout for a 92% confidence interval for the mean price of all automobiles/homes/apartments (you
Please answer parts A, B, C.
1. Copy and paste a printout for a 92% confidence interval for the mean price of all automobiles/homes/apartments (you will show one confidence interval using a 75 cases) in the space provided below. Answer the following questions regarding this printout: a. In the words of the problem, give a Variable Lo 92% CI Up 92% CI asking practical interpretation of this interval. 28047 31400 N 75 b. Give a theoretical interpretation of the interval (i.e., explain what we mean when we say we are "92% confident." I C. Suppose you wish to create a narrower interval. What two things can you do to make sure the width decreases Step by Step Solution
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