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The manager of a hardware store wants to estimate the average amount of purchases made at the store. The margin of error of the estimate
The manager of a hardware store wants to estimate the average amount of purchases made at the store. The margin of error of the estimate must not exceed $10.00 with a confidence level of confidence level of 90%. The manager does not know the standard deviation of the amounts, but he expects it to be about $80.00. How large should the sample size be?
a) 106 b) 173 c) 122 d) 174
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