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An advertising executive wants to estimate the mean weekly amount of time consumers spend watching traditional television daily. Based on previous studies, the standard deviation
An advertising executive wants to estimate the mean weekly amount of time consumers spend watching traditional television daily. Based on previous studies, the standard deviation is assumed to be 17 minutes. The executive wants to estimate, with 99% confidence, the mean weekly amount of time to within plus or minus 6 minutes.
a. What sample size is needed?
b. If 95% confidence is desired, how many consumers need to be selected?
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