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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