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2. Kelly Mueller is a manager of a credit company. A recent sample of 400 account balances from her company showed an average daily balance
2. Kelly Mueller is a manager of a credit company. A recent sample of 400 account balances from her company showed an average daily balance of $2,037. The standard deviation of the population is known to be $320. Kelly is interested in determining if the mean of all account balances (i.e.. population mean) is significantly different from $2,000. Question: Using the p-value approach at 95% confidence, test the above hypotheses
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