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Mathematics, 21.02.2020 20:38 laddy6433
This problem has been solved! See the answer A bank is experimenting with programs to direct bill companies for commercial loans. They are particularly interested in the number of errors of a billing program. To examine a particular program, a simulation of 1000 typical loans is run through the program. The simulation yielded a mean of 4.6 errors with a standard deviation of 0.5. Consturct a 95% confidence interval on the true mean error rate.
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