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The DSW at the Essex Green location uses sales per square foot as a measure of store productivity. Sales are currently running at an annual
The DSW at the Essex Green location uses sales per square foot as a measure of store productivity. Sales are currently running at an annual mean rate of $406 per square foot. You have been asked by management to conduct a study of a sample of 64 DSW stores. Assume the standard deviation is $80 from the population of 540 stores. a. What is the probability that the sample mean will be within $15 of the population mean. b. What is the standard error value
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