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A company that produces detergents wants to estimate the mean amount of detergent in 64-ounce jugs at a 96% confidence level. The company knows that
A company that produces detergents wants to estimate the mean amount of detergent in 64-ounce jugs at a 96% confidence level. The company knows that the standard deviation of the amounts of detergent in all such jugs is 0.27 ounce. How large a sample should the company take so that the estimate is within 0.06 ounce of the population mean? Round your answer up to the nearest whole number.
A company that produces detergents wants to estimate the mean amount of detergent in
64-ounce jugs at a 96% confidence level. The company knows that the standard deviation of the amounts of detergent in all such jugs is 0.27
ounce. How large a sample should the company take so that the estimate is within 0.06
ounce of the population mean?
Round your answer up to the nearest whole number.
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
