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(A) Construct a 90% Confidence Interval for the Total Value

Question 23

Essay

(A) Construct a 90% confidence interval for the total value of all savings account balances within this bank. Assume that the population consists of all savings account balances in the frame.
(B) Interpret the 90% confidence interval constructed in (A).

Correct Answer:

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(A)
N = 1775, n = 100, blured image = 505.75, s = 36...

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