(Answered) Marketing research company desires to know the mean

Economics

Marketing research company desires to know the mean consumption of milk per week among people over age 32. A sample of 440 people over age 32 was drawn and the mean milk consumption was 3.4 liters. Assume that the population standard deviation is known to be 0.8 liters. Construct the 98% confidence interval for the mean consumption of milk among people over age 32. Round your answers to one decimal place.

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Business Economics, Economics

Category:- Business Economics
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