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Estimate the mean weekly amount of time

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An advertising executive wants to estimate the mean weekly amount of time 18- to 24-year-olds spend watching traditional television in a large city. Based on studies in other cities, the standard deviation is assumed to be 10 minutes. If 95% confidence is desired, how many 18- to 24-year-olds need to be selected to estimate the mean weekly amount of time within ±3 minutes?

Please solve in excel and show equations used

Reference no: EM132868656

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