A sample of 16 consumers is taken. the average age in the, Ask an Expert

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A common problem in inferential statistics is constructing a confidence interval. 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.

1. Construct a 95% confidence level.
2. Now do the same thing with 80% confidence level.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9436555

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