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Mathematics, 27.07.2019 15:00 carlosluiscontrerasp

Astore owner is interested in opening a second shop. she wants to estimate the true average daily revenue of her current shop to decide whether expanding her business is a good idea. the store owner takes a random sample of 60 days over a six-month period and finds that the mean revenue of those days is 3,472.00 dollars with variance 315,900.20 square dollars. calculate a 95% confidence interval to estimate the true average daily revenue.

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