In Exercise 36, does it seem possible that the population mean could be within 1% of the

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In Exercise 36, does it seem possible that the population mean could be within 1% of the sample mean? Explain.


Data from Exercises 36

From a random sample of 36 business days from January 12, 2017 through January 12, 2018, the mean closing price of Egyptian iron and steel stock was 5.62 Egyptian pound. Assume the population standard deviation is 1.91 EGP.

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Elementary Statistics Picturing The World

ISBN: 9781292260464

7th Global Edition

Authors: Betsy Farber, Ron Larson

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