Multiple Choice
Find the margin of error.
-A savings and loan association needs information concerning the checking account balances of its local customers. A random sample of 14 accounts was checked and yielded a mean balance of $664.14 and a standard deviation of $297.29. Find a 98% confidence interval for the true mean checking account balance for local customers.
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
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