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Population mean for annual starting salary

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Reference no: EM131945249

Consider a sample of 1569 recently graduated business majors selected in an SRS. The sample mean annual starting salary was $58707. Assume that the population standard deviation for starting salary is $12033. Using the appropriate critical value z*, find the 99% confidence interval for the population mean for annual starting salary. In your answer, type the lower endpoint of this confidence interval.

Round your answer to the nearest dollar.

Reference no: EM131945249

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