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BUS105: Statistics Save the raw data and the output of the descriptive statistics on the same worksheet and submit them in the appendix section. State the point estimates for the population mean and standard deviation. Calculate the 95% confidence interval for the population mean. Show all the steps required. Determine the conclusion for your case above. Suggest how to improve the reliability and precision of the confidence interval calculated
BUS105: Statistics Save the raw data and the output of the descriptive statistics on the same worksheet and submit them in the appendix section.…