A firm is evaluating three capital projects. The net present values for the projects are as follows: 
The firm should
Definitions:
Confidence Interval
A range of values derived from sample data that is likely to cover the true population parameter with a specified level of confidence.
Sample
A subset of individuals or observations drawn from a larger population for the purpose of statistical analysis.
Mean
The mean of a collection of numbers, found by dividing the total sum of the numbers by the quantity of numbers.
Standard Deviation
It quantifies the dispersion of a dataset relative to its mean, reflecting how spread out the data points are.
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