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According to the video game industry's statistics, the average gamer is 34 years old.Imagine the standard deviation for age is 7.5 years.Leroy collected data on video gaming among people with new tablets or iPads to see if the mean age of that group is older or younger.He finds an average age of 36.5 years based on a sample size of 54.His 95 percent confidence interval is:
Simple Interest
Interest computed solely on the initial amount of a loan or deposit, not taking into account the effects of compounding.
Annual Raises
Incremental increases in salary or wages that employees receive on a yearly basis as a reward for performance and/or to keep up with inflation.
Annual Salary
The total amount of money that an employee is paid annually by their employer for their job duties.
Annual Raises
Annual raises are salary increases awarded to employees once a year, often based on performance, inflation, or company profitability.
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