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True of False Please Explian A 99% confidence interval for the average time for a transaction with a bank teller is computed from a random
True of False Please Explian
- A 99% confidence interval for the average time for a transaction with a bank teller is computed from a random sample and found to be 6 2, or 4 to 8 minutes. We may conclude that the 95% confidence interval based on this sample is wider than the 99% one.
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
