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A study has indicated that the sample size necessary to estimate the average electricity use by residential customers of a large western utility company is 900 customers. Assuming that the margin of error associated with the estimate will be ±30 watts and the confidence level is stated to be 90 percent, what was the value for the population standard deviation?
Pandemic Insurability
The concept of assessing and managing the risk and financial impact of a pandemic on the insurance industry.
Private Sector
The part of the economy that is run by individuals and companies for profit and is not state controlled.
Profit Motives
The drive to undertake activities for the purpose of making profit, often considered a primary objective in capitalism.
Kai Nielsen
A philosopher known for his work in ethics and religion, contributing to debates within these disciplines.
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