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For a new product,you need to determine the average diameter of a specialized electronic component,which will be a critical component of the new product.You measure the diameter in a sample of size 15 and find an average diameter of 0.24 mm,with a standard deviation of 0.02 mm.Other studies indicate that the diameter of similar products is normally distributed.The 99% confidence interval for the average diameter of this electronic component is ______.
Company
An organization engaged in commercial, industrial, or professional activities, either for profit or not-for-profit.
Preferred Stock
A category of corporate share that ranks above common stock in terms of asset and income claims, typically associated with predetermined dividend payments.
Par Value
The nominal value of a bond, stock, or coupon as stated in the financial instrument.
Shares
Ownership stakes in a company or financial asset that entail a proportional share in any distributed profits via dividends, should any be announced.
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