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Mathematics, 16.04.2020 20:42 ahmadfarriz5948
You want to estimate the mean family income in a rural area of central Indiana. The question is, how many families should be sampled? In a pilot sample of 10 families, the standard deviation of the sample was $500. The sponsor of the survey wants you to use the 95% confidence level. The estimate is to be within $100. How many families should be sampled?
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