The Following Data Represent a Random Sample of Bank Balances

question 167

Multiple Choice

The following data represent a random sample of bank balances for a population of checking account customers at a large eastern bank. Based on these data, what is the 95 percent confidence interval estimate for the true population mean?

• A) Approximately $1,069 ± $484.41
• B) About $839.40 to $1,298.60
• C) Approximately $1,069 ± 2.1098
• D) None of the above

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