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QUESTION
A sample of the various prices for a particular product has been conducted in 16 stores which were selected at random in a neighbourhood of a city....
A sample of the various prices for a particular product has been
conducted in 16 stores which were selected at random in a neighbourhood of a city. The
following prices were noted:
95 108 97 112 99 106 105 100
99 98 104 110 107 111 103 110
Determine the confidence interval at 95% for the population mean price.
