According to FBI statistics, there were 354,520 robberies in the United States in 2012 (latest statistics available). A random sample of robberies was drawn and the amount of loss was recorded....

According to FBI statistics, there were 354,520 robberies in the United States in 2012 (latest statistics available). A random sample of robberies was drawn and the amount of loss was recorded. Estimate with 95% confidence the total loss of all the robberies in the United States in 2012.