Sales of a new line of athletic footwear are crucial to the success of a newly formed
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Sales of a new line of athletic footwear are crucial to the success of a newly formed company, Fleet Shoes. Fleet wishes to estimate the average weekly sales of the new footwear within $200 with 95% reliability. The initial sales indicate the standard deviation of the weekly sales figures to be approximately $1,500. How many weeks of data must be sampled for Fleet to get the information is desired?
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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