Mathematics, 12.12.2019 01:31 rave35
Amarket researcher collects a simple random sample of customers from its population of two million customers. after analyzing the sample, she states that she has 95% confidence that the mean annual income of its two million customers is between $ 65 comma 000 and $ 78 comma 000. suppose that the population mean annual income is $ 64 comma 000. is the confidence interval estimate correct? explain. choose the correct answer below. a. yes, because the value of mu is within 95% of the midpoint of the confidence interval estimate. b. no, because the value of mu is not the midpoint of the confidence interval estimate. c. no, because the value of mu is not included within the confidence interval estimate. d. yes comma because the value of mu is relatively close to the confidence interval estimate. e. yes, because the value of mu is included within the confidence interval estimate.
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Amarket researcher collects a simple random sample of customers from its population of two million c...
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