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Mathematics, 03.04.2020 03:04 kevinglvz
The manager at a movie theater would like to estimate the true mean amount of money spent by customers on popcorn only. He selects a simple random sample of 26 receipts and calculates a 92% confidence interval for true mean to be ($12.45, $23.32). The confidence interval can be interpreted to mean that, in the long run, Select one:
a. 92% of all customers who buy popcorn spend between $12.45 and $23.22
b. 92% of similarly constructed intervals would contain the population mean
c. 92% of similarly constructed intervals would contain the sample mean
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