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The Monthly Incomes from a Random Sample of Workers in a Factory

question 113

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The monthly incomes from a random sample of workers in a factory are shown below. The monthly incomes from a random sample of workers in a factory are shown below.   ​  a. Compute the standard error of the mean (in dollars). b. Compute the margin of error (in dollars) at 95% confidence. c. Compute a 95% confidence interval for the mean of the population.Assume the population has a normal distribution.Give your answer in dollars. ​
a.
Compute the standard error of the mean (in dollars).
b.
Compute the margin of error (in dollars) at 95% confidence.
c.
Compute a 95% confidence interval for the mean of the population.Assume the population has a normal distribution.Give your answer in dollars.

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Definitions:

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