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Answer:
96oz = 6 pounds
Step-by-step explanation:
96 divided by 16 = 6 pounds
It is true that the confidence intervals for the mean provide an estimate for where the true mean lies.
In statistics, a confidence interval denotes the likelihood that a population parameter will fall between a set of values for a given proportion of the time. A confidence interval depicts the likelihood that a parameter will fall between two values near the mean. Confidence intervals quantify the degree of uncertainty or certainty in a sampling procedure.
The mean is a basic mathematical average of two or more values. There are two sorts of means that may be calculated: the arithmetic mean and the geometric mean. A mean tells you the average of a bunch of values, which helps you contextualize each data point.
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To find the cost of 1 pound, we need to divide $19.14 by 3.25 pounds. 19.14/3.25= 5.88923076923. We can round this to the nearest hundredths to make $5.89. So, the cost of 1 pound of coffee beans is $5.89. Hope this helped!
