How many of the 500 intervals would you expect not

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Reference no: EM131796548

Employee Salaries

Suppose that 500 employees each took a random sample (with replacement) of 100 employees at their office and recorded the salaries of the employees in their sample.

Then each employee used his or her data to calculate an 80% confidence interval for the mean salary of all employees at the office.

How many of the 500 intervals would you expect not to capture the true population mean? Explain by showing your calculation.

Reference no: EM131796548

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