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Assume we want to estimate the mean cost of computer repairs for the population of consumers. How many consumers must be randomly selected for the
Assume we want to estimate the mean cost of computer repairs for the population of consumers. How many consumers must be randomly selected for the survey if we want to be 95% confident that the sample mean is within $2 of the population mean?
Margin of Error E = 2, x = .05, sigma = 12, and Za/2 = 1.96 Round up to the nearest integer.
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