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Help me study for my Statistics class. I’m stuck and don’t understand.
I've attached the table of t-distribution areas to answer these questions.. (file opens via excel)
Thanks in advance to the person who is awarded this question.
The following data represent the asking price of a simple random sample of homes for sale. Construct a 99% confidence interval with and without the outlier included. Comment on the effect the outlier has on the confidence interval.
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