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Educational Research plans a study to estimate the length of the average workweek for faculty members at public universities by taking a simple random sample of this group.If you want to insure a 90% probability that the sample mean you produce will be no more than 1 hour away from the actual population mean, how large a sample should you select for your study.Based on previous experience, you estimate a population standard deviation of approximately 12 hours.
Payable
Refers to an amount of money that is owed by a person or company and is required to be paid to another party.
Bearing Them
Taking responsibility for or dealing with something, often implying a burden or hardship that must be endured.
Transferable
Characteristic of an item, right, or obligation, that allows it to be passed from one party to another, often involving legal documentation.
Negotiable
Capable of being bought, sold, or transferred to another party, often used to describe financial instruments.
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