Question
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A specialty computer store sells high-end computers. A random selection of 30 computers was taken and their prices (to the nearest dollar) were recorded. This data is in the prices.csv data file. a) Find a 97% confidence interval for the average price of all computers from this specialty store. Interpret this interval. b) Does this interval suggest that the average price of all high-end computers sold at this store is $2,600? Why or why not?
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Database Management An Organizational Perspective
Authors: Richard T. Watson
1st Edition
0471305340, 978-0471305347
