Suppose a researcher is interested in understanding the variation in the price of store brand milk. A random sample of 36 grocer
y stores selected from a population and the mean price of store brand milk is calculated. The sample mean is $3.13 with a standard deviation of $0.23. Construct a 95% confidence interval to estimate the population mean.
After a series of calculations using the interest formula:
The best and most correct answer among the choices provided by your question is the second choice or letter B "$0.18."
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