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Who knows about business statistics, please help

Forums: Science And Math
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angie34353637
 
Reply Fri 3 Aug, 2007 05:26 am
An accounting firm recently stated:


"The client's mean sales per customer is estimated to be between $14.50 and $28.50. Further this estimate is based on a random sample of 100 customers and was computed using 95% confidence.

Discuss the appropriateness of this statement. What is the correct interpretation of this confidence interval?
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