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PROBLEM 4 (15 points): At the end of the Halloween Festival the organizers estimated that a family of participants spent in average $45.00 with a

PROBLEM 4 (15 points):

At the end of the Halloween Festival the organizers estimated that a family of participants spent in average $45.00 with a standard deviation of $10.00.

If 49 participants (49 = size of the sample) are selected randomly, what's the likelihood that their mean spent amount will be within $4 of the population mean? (mean +/- 4)

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