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Question
A local university administers a comprehensive examination to the recipients of a B.S. degree in Business Administration. A sample of 5 examinations is selected at random and scored. The scores are shown below.| Grade |
| 56 |
| 85 |
| 65 |
| 86 |
| 93 |
Use Excel to determine an interval estimate for the mean of the population at a 98% confidence level. Interpret your results.
Answer
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