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A Rollercoaster's auditors estimate that the average daily loss from those illegally riding without tickets is at least $200, but wants to determine the accuracy

A Rollercoaster's auditors estimate that the average daily loss from those illegally riding without tickets is at least $200, but wants to determine the accuracy of this statistic. The company researcher takes a random sample of losses over 64 days and finds that X = $198 and s = $15. Test at = 0.01.

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