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April 17, 2014

Homework Help: statistics

Posted by aaron need urgent help on Tuesday, October 20, 2009 at 12:44am.

please help me I've waited for hours

The average price of a gallon of unleaded regular gasoline was reported to be $2.34 in northern Kentucky (The Cincinnati Enquirer, January 21, 2006). Use this price as the population mean, and assume the population standard deviation is $.20.


1) Calculate the sample size necessary to guarantee at least .95 probability that the sample mean is within $.03 of the population mean

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