Confidence interval estimate of the population mean

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Reference no: EM13985987

The manager of a branch of a lical bank wanted to estimate the averageamount held in savings account by depositors at the bank. A random sample of 25 selected and the sample mean was$4,750 and a standard deviation of $1,200. Construct and explain a 95% confidence interval estimate of the population mean.

Reference no: EM13985987

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