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A Random Sample of 25 Statistics Examinations Was Selected

question 56

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A random sample of 25 statistics examinations was selected. The average score in the sample was 76 with a variance of 144. Assuming the scores are normally distributed, the 99% confidence interval for the population average examination score is _____.


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Problems

Situations, questions, or conditions that require solutions or answers.

Macroeconomist

An economist who specializes in macroeconomics, the branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

Microeconomist

An economist focused on the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Microeconomist

A specialist in microeconomics, which deals with the economic behavior of individuals, households, and firms, and how decisions are made on the allocation of resources.

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