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6) A random sample of 10 parking meters in a resort community showed the following incomes for a day. Assume the incomes are
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Answer #1

7. Given,

s = 7

E = 2

For 99% confidence, z = 2.576

Therefore,

Required sample size

\small n = (\frac{z*s}{E})^2

n = (2.576 * 7

n = 81.3

n = 82 [Rounded off to next whole number]

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