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Value of the population mean

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Reference no: EM132488186

A market researcher collects a simple random sample of customers from a population of over a million? customers that use a home improvement website. After analyzing the? sample, she states that she has? 95% confidence that the mean? time customers spent on? that website per day is between 18 and 53 minutes. Suppose that the population mean? time customers spent on that website is 21 minutes a day. Does this value of the population mean help to show that the confidence interval estimate is? correct?

Reference no: EM132488186

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