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What would be a reasonable amount to charge

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Aa random sample of 70 four-year-old attending day care center provided a yearly tuition average of $3,994 and a population standard deviation of $660. Find the 93% confidence interval of the true mean. If a day care center were starting up and wanted to keep tuition low, what would be a reasonable amount to charge? Round your calculation to the nearest dollar.

Reference no: EM13120856

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