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Alarmed at the Rising Gas Prices in Your Town,you Decide

Question 48

Multiple Choice

Alarmed at the rising gas prices in your town,you decide to estimate the average gas price for a litre of regular unleaded gasoline.From your sample of 25 gas stations,you calculate a 90% confidence interval of ($1.33,$1.41) .


A) $0.08
B) $1.37
C) $0.04
D) $2.74
E) Not enough information is given.

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