One of the major oil products companies conducted a study recently to estimate the mean gallons of gasoline purchased by customers per visit to a gasoline station.To do this,a random sample of customers was selected with the following data being recorded that show the gallons of gasoline purchased.
Based on these sample data,construct and interpret a 95 percent confidence interval estimate for the population mean.
Definitions:
National Debt
The aggregate financial obligations incurred by a government of a country through borrowing.
Tax Revenue
The income gained by the government through taxation, which is then used to fund public services and governmental functions.
Budget
An estimate of income and expenditure for a set period of time.
Government Spending
Financial expenditures by the government to influence a nation's economy, including investments in public services and infrastructure.
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