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(Solved): You wish to estimate the true mean within 1/2 hour with 99% confidence. How large a sample is requir ...



You wish to estimate the true mean within 1/2 hour with 99% confidence. How large a sample is required for this? For the sake of this problem, assume the standard deviation = 2.5 hours. Provide all information you used to arrive at your answer. Is this result attainable or not? Explain.



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