The Muddy River Chemical Corporation pounds of a special mixture of phosphate ar Phosphate costs $5 per pound and potassium 800 pounds of phosphate can be used, a potassium must be used. Management want

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.