Solution-Estimate the average amount of purchase

Estimate the average amount of purchase

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Reference no: EM132847126

A manufacturing concern wants to estimate the average amount of purchase of its product in a month by the customers whose standard error is $10. Find the sample size if the maximum error is not to exceed $3 with a probability of 0.99.

Reference no: EM132847126

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Estimate the average amount of purchase

Reference no: EM132847126

Reference no: EM132847126

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