21. How large of a sample is needed to estimate the population mean for the money a person spends on Christmas presents within $2 and be 95% confident? The standard deviation of the population is $7.50. О А. 54 О В. 54 С. 55 D. 56

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter19: Probability And Statistics In Engineering
Section: Chapter Questions
Problem 3P: For Problem 19.1, using Equations (19.1) and (19.6), calculate the mean and standard deviation of...
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21. How large of a sample is needed to estimate the population mean for
the money a person spends on Christmas presents within $2 and be 95%
confident? The standard deviation of the population is $7.50.
O A. 54
B. 54
C. 55
D. 56
Transcribed Image Text:21. How large of a sample is needed to estimate the population mean for the money a person spends on Christmas presents within $2 and be 95% confident? The standard deviation of the population is $7.50. O A. 54 B. 54 C. 55 D. 56
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