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The following data represent the service charge for direct-deposit customers if a customer's account falls below the minimum required $1,500 balance for a sample of 26 banks.
12 8 5 5 6 6 10 10 9 7 10 7 75 0 10 6 9 12 0 5 10 8 5 5 9
a) Construct a 95% confidence interval for the population mean service charge if a customer's account falls below the $1,500 minimum
b) Explain in words what this confidence interval means.
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If Molly and Kathleen wishes to make a profit of $5,000 for summer, how many pupils do they require to enrol?
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