Determine with 99% confidence the number of families


A statistician wants to estimate the mean weekly family expenditure on clothes. He believes that the standard deviation of the weekly expenditure is $125. Determine with 99% confidence the number of families that must be sampled to estimate the mean weekly family expenditure on clothes to within $15.

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Basic Statistics: Determine with 99% confidence the number of families
Reference No:- TGS0104826

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