Multiple Choice
A survey of 25 grocery stores revealed that the average price of a gallon of milk was $2.98 with a standard error of $0.10. If 90% and 95% confidence intervals are developed to estimate the true cost of a gallon of milk, what similarities would they have?
A) Point estimates
B) t-statistics
C) Standard errors
D) Both a and c
Correct Answer:
Verified
Correct Answer:
Verified
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