A snapshot in USA Today noted that Consumers will spend an estimated average of $483 on merchandise
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A “snapshot” in USA Today noted that “Consumers will spend an estimated average of $483 on merchandise” for back-to-school spending. It was reported that the value is based on a survey of 8453 consumers, and the margin of error is “±1 percentage point.” What’s wrong with this information?
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Solution This information is wrong because it is an average n...View the full answer
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