Estimate the mean amount of damage sustained by vehicles

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Reference no: EM131813403

Question: In order to estimate the mean amount of damage sustained by vehicles when a deer is struck, an insurance company examined the records of 50 such occurrences, and obtained a sample mean of $2,785 with sample standard deviation $221. Construct a 95% confidence interval for the mean amount of damage in all such accidents.

Reference no: EM131813403

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