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The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken. The average age in the sample was 22.5 years with a standard deviation of 5 years. Assume the population of consumer ages is normally distributed.
a.Construct a 95% confidence interval for the average age of all the consumers.
b.Construct an 80% confidence interval for the average age of all the consumers.
c.Discuss why the 95% and 80% confidence intervals are different.
Virtual Communication Network
A network that facilitates communication and collaboration among members who are not physically co-located, often using digital tools.
Counteracting Communication Network
A counteracting communication network involves strategies or structures within a group or organization designed to mitigate or neutralize miscommunication and enhance effective exchange of information.
Brainstorming Guidelines
Structured rules and principles to enhance the effectiveness of brainstorming sessions, encouraging creativity and participation.
Centralized Communication Networks
Systems where all communications are directed through a single central point, leading to streamlined information flow but potential bottlenecks.
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