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Joe Jobs is a VP of a very large international company. Joe wants to estimate the mean age of the customers that purchase products from
Joe Jobs is a VP of a very large international company. Joe wants to estimate the mean age of the customers that purchase products from the company. He plans to use a sample of customers to estimate the mean and wants to be 95% confident that the maximum error in his estimate is one year. From a previous survey, he is able to determine that the standard deviation of ages is 6. Calculate the sample size Joe needs in order to estimate the mean age of the customers given the above parameters.
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