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Time Remaining 2 hours 56 minutes 20 seconds02:56:20eBookPrintReferencesCheck my workCheck My Work button is now enabled1Item 4Time Remaining 2 hours 56 minutes 20 seconds02:56:20Exercise 5-19 Static

The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling exams, the designation often results in a promising career with a lucrative salary. A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and computes a mean salary of $158,000 with a standard deviation of $36,000. Use this sample information to determine the 95% confidence interval for the average salary of a CFA charterholder. (You may find it useful to reference the t table.Round final answers to nearest whole number.)