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The following data are for a random sample of size 10 of the outstanding amounts among N=500 car loans. The bank wants to estimate the

The following data are for a random sample of size 10 of the outstanding amounts among N=500 car loans. The bank wants to estimate the total amount of unpaid accounts. (a) Considering this data as a systematic random sample, obtain a point estimator of the total amount of unpaid accounts of this bank. (b) Derive a 95% confidence interval for this total.

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