To aid in planning the development of a tourist shopping area, a state agency wants to estimate
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To aid in planning the development of a tourist shopping area, a state agency wants to estimate the average dollar amount spent by a tourist in an existing shopping area. A random sample of 56 tourists gives x-bar = $258 and s = $85.
Give a 95% confidence interval for the average amount spent by a tourist at the shopping area.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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