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Mathematics, 31.07.2019 10:10 Relesses

Arandom sample of 300 americans planning long summer vacations in 2009 revealed an average planned expenditure of $1,076. the expenditure for all americans planning long summer vacations has a normal distribution with a standard deviation 345. give a 99% confidence interval for the mean planned expenditure by all americans taking long summer vacations in 2009. explain your answer in relation to this context.

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