You want to obtain a sample to estimate how much parents spend
on their kids birthday parties. Based on previous study, you
believe the population standard deviation is
approximately σ=44.2σ=44.2 dollars. You would like to be
98% confident that your estimate is within 3 dollar(s) of average
spending on the birthday parties. How many parents do you have to
sample?
You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study,
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study,
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!