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An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California. He believes that the mean
An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California. He believes that the mean income is$24.7
$24.7, and the standard deviation is known to be$7.7
$7.7. How large of a sample would be required in order to estimate the mean per capita income at the99%
99%level of confidence with an error of at most$0.43
$0.43? Round your answer up to the next integer.
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