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A sample of 23 information system managers had an average hourly income of $40.75 with a...

A sample of 23 information system managers had an average hourly income of $40.75 with a standard deviation of $7.00.

Develop a 95% confidence interval estimate for the average hourly wage of all information system managers.

a. Critical value for the confidence interval =

b. At 95% confidence, what is the margin of error

c. upper and lower limit

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