Childcare Expenses Narrative A Childcare Agency Was Interested in Examining the Average Amount
Childcare Expenses Narrative
A childcare agency was interested in examining the average amount that families pay per child per month for childcare outside the home. A random sample of 64 families was selected and the mean and standard deviation were computed to be $675 and $80, respectively.
-Refer to Childcare Expenses Narrative. Find a 95% confidence interval for the true average amount spent per child per month for childcare outside the home.
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