The mean of a chance sample with n=36 volume is X ̅=150. Since it is known that the standard deviation of the population is σ=36, find the confidence interval for the mean of the population with 90% probability. A) 140,13-159,87 B) 130,13-149,87 C) 142,13-155,87 D) 143,13-157,87 E) 110,13-169,87

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.