Purdue University - Department of Statistics
Find a 99% confidence interval for the mean monthly rent for unfurnished one-bedroom apartments available for rent in this community. ̅ x - z * s n , ̅ x + z * s n = 1400 -2.576 220 32 , 1400 +2.576 220 32 =(1299.817, 1500.183) Does the confidence interval give us information about the statistic or the parameter? Parameter ................
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