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What sample size would the entrepreneur have to take

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Problem 1: Because the popularity of movies as an entertainment medium for adolescents, an entrepreneur plans to do a national study of the average cost of a moive ticket. If you assume that s=$0.50, what sample size would the entrepreneur have to take to be 95% confident that the estimate was within $0.25 of the ture mean ticket price?

a) 8
b) 4
c) 16
d) 15

Reference no: EM132744792

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