3)Banking fees have received much attention during the recent economic recession as banks looked for ways to recover from the crisis. A sample of 30 customers paid an average fee of $12.55 per month on their level interest-bearing checking accounts. Assume the population standard deviation is $1.75. 3a) construct a 95% confidence interval to estimate the average fee for the population.3b) what is the margin of error for this interval?




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