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Confidence interval for the mean price

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Reference no: EM131751625

A government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following? prices, in thousands of dollars. Assume that the population standard deviation of all such prices is ?$7.2, ?thousand, that? is, ?$7,200.

Use the data to obtain a? 99.7% confidence interval for the mean price of all new mobile homes.

Reference no: EM131751625

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