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Mathematics, 26.10.2021 22:20 madisontaegarmatus
In the EAI sampling problem, we showed that for n = 30, there was .5064 probability of obtaining a sample mean within +/- $500 of the population mean.
a. What is the probability that is within $500 of the population mean if a sample size of 60 was used?
b. What is the probability that is within $500 of the population mean if a sample size of 120 was used?
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