Assume that from a sample of 100 tires the tire pressure has a 95% confidence interval given by 32 Pounds Per Square (PSI) Inch + 3 PSI. What is the Error Term? What are Upper and Lower values of the confidence interval? What is the Standard Error? What are the Upper and Lower values for a 99% Confidence Interval? Discuss about the probability that another data sample of 100 tires would show a sample mean equal to 38 PSI.

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