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To Calculate a Confidence Interval for an Average Using Your

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To calculate a confidence interval for an average using your XL Data Analyst,you should use:
Generalize-Confidence Interval-Average.


Definitions:

Consumer Surplus

The difference between the total amount consumers are willing and able to pay for a good or service versus the total amount they actually pay.

Marginal Utility

The increased gratification or value a shopper obtains by buying one more of a certain item or service.

Demand Schedule

A chart displaying the amount of a product or service that buyers are ready and capable of buying at different price levels.

Total Utility

The total satisfaction or benefit received by consuming a particular quantity of a good or service.

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