An economist wishes to estimate the average family income, Basic Statistics

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An economist wishes to estimate the average family income

An economist wishes to estimate the average family income in a certain population.

The population standard deviation is known to be $4,500, and the economist uses a random sample of size n = 225. What is the probability that the sample mean will fall within $800 of the population mean?

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Basic Statistics: An economist wishes to estimate the average family income

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Basic Statistics: An economist wishes to estimate the average family income

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