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If you were constructing a 99% confidence interval of the population mean based on a sample of n=25 where the standard deviation of the sample S = 0.05,the critical value of t will be
Household Income
The total income earned by all members of a household, including wages, investments, and any other sources of income.
Proportion
A part, share, or number considered in comparative relation to a whole; often expressed as a fraction or percentage.
Sample
A subset of a larger population, selected for the purpose of conducting statistical analysis or experimentation.
Parameter
A quantity that characterizes a statistical population and can be estimated by a function of the sample data.
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