Population Sampling: Confidence Interval

Bob, a second-year student at Twin Pines University, is not very good at statistics. He wishes to infer about the average starting salary of recent graduates at Twin Pines University. His sample included 12 friends, all recent graduates, and it revealed a mean of $55,000. His 90% confidence interval is [39,116, 80,884].

Bob reports: "We conclude that 90% of recent graduates at Twin Pines University earn between $39,116 and $80,884."

List everything that is wrong about his statement. (Check all that applies.)
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