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Mathematics, 02.07.2020 23:01 shayleewright

A preliminary sample of holiday shoppers revealed that the standard deviation of the amount of money they are planning to spend on gifts during the coming holiday season is $80. How many holiday shoppers should be sampled in order to estimate the average amount of money spent on gifts by all holiday shoppers with a margin of error of $7 and with a 99% confidence

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A preliminary sample of holiday shoppers revealed that the standard deviation of the amount of money...
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