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A company has a new process for manufacturing large artificial sapphires. In a trial run, 17 sapphires are produced. The mean weight for these 37 gems is 6.75 carats, and the sample standard deviation is 0.33 carat. Obtain a 95% confidence interval for the true mean weight of all sapphires produced by the new process. Interpret your results in the context of the problem. State the margin of error.

Reference no: EM131730809

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