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In a manufacturing process,a random sample of 36 bolts has a mean length of 3 inches with a standard deviation of .3 inches.What is the 99 percent confidence interval for the true mean length of the bolt?
Machinery Manufacturers
Entities involved in the production of machines and industrial equipment.
Virtual Marketing Channel
Digital pathways through which companies promote and sell their products or services online, using platforms such as social media and websites.
Dual Distribution
A strategy where a manufacturer sells products through multiple distribution channels, often including directly to consumers and through resellers or agents.
Distribution Density
The extent of a product's availability across a geographic area or within a distribution network, influencing market saturation.
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