STATISTICAL TECHNIQUES AND TOOLS
T DISTRIBUTION
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Question
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To determine the mean cost of groceries in a certain city, an identical grocery basket of food is purchased at each store in a random sample of ten stores. If the average cost is $47.52 with a standard deviation of $1.59, find a 98% confidence interval estimate for the cost of these groceries in the city.
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Explanation:
There is 1 question to complete.