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Find the Confidence Interval Specified xˉ=595\bar { x } = 595

question 72

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Find the confidence interval specified.
-A random sample of 110 light bulbs had a mean life of xˉ=595\bar { x } = 595 hours. Assume that σ=31\sigma = 31 hours. Construct a 90%90 \% confidence interval for the mean life, μ\mu , of all light bulbs of this type.


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Discounts

Reductions applied to the selling price of goods or services for promotions, bulk purchases, or other reasons.

Sold

Refers to the act of exchanging a product or service for money or other compensation; a completed transaction.

Discount

A reduction from the usual cost of something, usually provided as an incentive to increase sales.

Outstanding Balance

Outstanding Balance refers to the amount of money owed on a loan or credit that has not yet been repaid.

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