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## Statistics

Find the approximation of the population mean.

The mean daily sales at the Stop as well as Go is \$20,000 for a sample of 40 days and the standard deviation of the sample is \$3,000.

1) What is the estimated mean daily sales of the population? What is this estimate called?

2) What is the 99 % confidence interval?

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M921161

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