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Estimate the true mean sales of the breakfast cereal

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Reference no: EM132394801

A new breakfast cereal is to be test marketed for one month at sores of a large supermarket chain. The results for a sample of 36 stores indicated an average sales of $1200 with a sample standard deviation of $180. Estimate the true mean sales of the breakfast cereal with a 95% confidence interval.

Reference no: EM132394801

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