A restaurant owner wishes to find the 99% confidence interval of the true mean cost of a dry martini


Question: A restaurant owner wishes to find the 99% confidence interval of the true mean cost of a dry martini. How large a sample should be taken if she wishes to be accurate within $0.10? A previous study showed that the standard deviation of the price was $0.12.

Price: $2.99
Answer: The solution consists of 1 page
Deliverable: Word Document

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