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Answer:
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Step-by-step explanation:
If we extract a sample of size n from a normal population and we want to estimate the population mean then the confidence interval for the mean will be:
Where
Where is an estimator for the mean μ.
n is the sample size and s is its standard deviation.
is the level of significance
= 1-Confidence Level
Then
Then the 99% confidence interval for the population mean is