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A Marketing Firm Wants to Estimate How Much Root Beer

Question 58

Multiple Choice

A marketing firm wants to estimate how much root beer the average teenager drinks per year. A previous study found a standard deviation of 1.12 liters. How many teenagers must the firm interview in order to have a margin of error of at most 0.1 liter when constructing a 99% confidence interval?


A) 831.39
B) 832
C) 832.39
D) 833

Correct Answer:

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