A stationery store wants to estimate the total retail value of the 1,000 greeting cards it has

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A stationery store wants to estimate the total retail value of the 1,000 greeting cards it has in its inventory. Construct a 95% confidence interval estimate for the population total value of all greeting cards that are in inventory if a random sample of 100 greeting cards indicates a mean value of $2.55 and a standard deviation of $0.44.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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