A city is required to report to the state the mean property tax of its citizens. From

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A city is required to report to the state the mean property tax of its citizens.

From previous years, officials know that the population standard deviation is likely to be $975. A 99 % confidence interval is desired with a precision of

$500. How many of the city’s 1,800 households should be sampled?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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