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grin007 [14]
2 years ago
5

A company that produces detergents wants to estimate the mean amount of detergent in 64-ounce jugs at a 99% confidence level. Th

e company knows that the standard deviation of the amounts of detergent in all such jugs is .20 ounce. How large a sample should the company select so that the estimate is within .04 ounce of the population mean?
Business
1 answer:
andriy [413]2 years ago
7 0

Answer:

154 E=.05ounce, σ=0.24 ounce, and z=2.58 for a 99% confidence level n= z^2 * σ^2 / E^2 is the correct answer.

Explanation:

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