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5. A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to their clients. A sample of the sales
5. A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to their clients. A sample of the sales for 36 days revealed average sales of $139,000. Assume that the standard deviation of the population is known to be $12,000. a. Provide a 95% confidence interval estimate for the average daily sales. b. Provide a 99% confidence interval estimate for the average daily sales
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