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A Survey of 144 Retail Stores Revealed That the Average

Question 37

Multiple Choice

A survey of 144 retail stores revealed that the average price of a DVD was $375 with a standard
Error of $20. What is the 99% confidence interval to estimate the true cost of the DVD?


A) $323.40 to $426.60
B) $328.40 to $421.60
C) $335.00 to $415.00
D) $335.80 to $414.20

Correct Answer:

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