For Exercises 49–56, software output for confidence intervals for are provided. Assume the conditions are met. For each, examine the indicated software output, and do the following:

  1. Report the confidence interval in the form “(lower bound, upper bound).”
  2. Interpret the confidence interval.
  3. Calculate the margin of error for the confidence interval.
  4. Interpret the margin of error.

Question 8.147

50. Clothing Store Sales. Minitab output, where represents the population mean total net sales for a clothing store.

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