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Monica Expects to Be in a Much Higher Tax Bracket

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Monica expects to be in a much higher tax bracket when she retires than she is now, so she wants to invest in a retirement account in which her withdrawals will be tax-free. One way for her to achieve this is through a traditional IRA.

Grasp the importance of normality assumption in hypothesis testing and confidence interval estimation for variance.
Ability to estimate the population variance from sample data.
Understand hypothesis testing about the population proportion, including setting up null and alternative hypotheses.
Learn to estimate and interpret the sample size needed for estimating the population proportion.

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