1. What is a confidence interval? How do you properly interpret the level of con

1. What is a confidence interval? How do you properly interpret the level of confidence, 1 – a? 2. How does the t ‚Äźdistribution differ from the standard normal distribution? 3. When is it important to apply the finite population correction factor to the standard error when developing confidence intervals? 4. Summarize the different types of confidence intervals that one may construct, and provide a practical application for each.

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