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he South African Department of Health is concerned that the average percentage mark-up on a particular vitamin products during the dawn of covid-19 pandemic is
he South African Department of Health is concerned that the average percentage mark-up on a particular vitamin products during the dawn of covid-19 pandemic is 51% or more. To test their concern, they sampled 86 pharmacies that sell the product, and found that the mean percentage mark-up was 48.1%. Assume that the population standard deviation of the percentage mark- up is 14.7%.
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