Mathematics, 08.07.2021 05:40, briyantesol

An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California. Suppose that the mean income is found to be $27.1 for a random sample of 1056 people. Assume the population standard deviation is known to be $10.4. Construct the 85% confidence interval for the mean per capita income in thousands of dollars.

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An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city...