Determining the deviation of the ages of all the citizens

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Problem: You are interested in estimating the the mean age of the citizens living in your community. You plan on constructing a confidence interval; however, you are not sure how many citizens should be included in the sample. If you want your sample estimate to be within 3 years of the actual mean with a confidence level of 96%, how many citizens should be included in your sample? Assume that the standard deviation of the ages of all the citizens in this community is 24 years. (Use Excel to find the appropriate critical value)

Reference no: EM132415822

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