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# Question 16 (5 points) Following are interest rates (annual percentage rates) for a 30-year-fixed-rate mortgage from...

## Question

###### Question 16 (5 points) Following are interest rates (annual percentage rates) for a 30-year-fixed-rate mortgage from...

Question 16 (5 points) Following are interest rates (annual percentage rates) for a 30-year-fixed-rate mortgage from a sample of lenders in a certain city. It is reasonable to assume that the population is approximately normal. 4.327, 4.461, 4.547, 4.324, 4.365, 4.326 , 4.842 GP Find the upper bound of the 99% confidence interval for the mean rate.

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