An insurance company took a random sample of 201 accident, Ask an Expert

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An insurance company took a random sample of 201 accident claims and found that the average repair cost was $975 with a standard deviation of $300.

What is the point estimate and the standard error of the mean? Explain.

Find the 90% confidence interval estimate.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92765549

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