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A population consists of 500 items. A sample of size 49 is selected, and the mean is 40 and the standard deviation 9. develop a 99 percent confidence interval for the population mean.
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start by finding the margin of error
knw how to find margin of error for 99% confidence interval ?
ok im gonna try and do that
after that then i use another formula right?
yes, rest is easy. finding margin of error is the only tricky part
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knw how to figure out whats the \(Z^*\) value for 99% Confidence Interval ?
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