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A random sample of 81 students at a local university showed that they work an average of 60 hours per month with a standard deviation of 18 hours. Compute a 95% confidence interval for the mean of the population.
Certificate Of Deposit
A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.
Bond
A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.
Stock
The goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.
Resurgence
A revival or increase in activity, interest, or popularity after a period of quiescence or decline.
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