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Question
Construct a 98% confidence interval estimate for the population mean given the following values:
A) (113.41, 126.59)
B) (117.46, 122.54)
C) (113.67, 126.33)
D) (113.13, 126.87)
Answer
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When developing a confidence interval estimate, the confidence level is calculated based on the size of the sample and the population standard deviation.