As part of an annual review of its accounts, a discount brokerage selects a random sample of 28 customers. Their accounts are reviewed for total account valuation, which showed a mean of $35,100, with a sample standard deviation of $8,800. (Use  t Distribution Table.)   What is a 98% confidence interval for the mean account valuation of the population of customers? (Round your answers to the nearest dollar amount.)     98% confidence interval for the mean account valuation is between $  and $

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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As part of an annual review of its accounts, a discount brokerage selects a random sample of 28 customers. Their accounts are reviewed for total account valuation, which showed a mean of $35,100, with a sample standard deviation of $8,800. (Use  t Distribution Table.)

 

What is a 98% confidence interval for the mean account valuation of the population of customers? (Round your answers to the nearest dollar amount.)

 

  98% confidence interval for the mean account valuation is between $  and $
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