An automobile dealer has an inventory of 328 used cars. The mean mileage of these vehi- cles
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An automobile dealer has an inventory of 328 used cars. The mean mileage of these vehi- cles is to be estimated. Previous experience suggests that the population standard devia- tion is likely to be about 12.000 miles. If a 90% confidence interval for the population mean is to extend 2.000 miles on each side of the sample mean, how large a sample is re- quired if simple random sampling is employed?
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