A tax preparation company compiled the taxable income of a random sample of waiters and waitresses. The
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A tax preparation company compiled the taxable income of a random sample of waiters and waitresses. The taxable income was based on their pay stubs from the restaurant where each worked.
a. Estimate with 95% confidence the mean taxable income of waiters and waitresses.
b. If we assume that each waiter and waitresses earns an additional 10% in tips, estimate the adjusted mean taxable income of waiters and waitresses.
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