6. An apartment complex developer is considering building apartments in College Town, but first wants to do a market study. A previous market study found a mean of $490.80 and standard deviation of $55. Suppose the apartment developer wants a 98% confidence interval estimate of the population mean with a margin of error of E = $10. What sample size is needed? 37 335 89 162

MATLAB: An Introduction with Applications
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6. An apartment complex developer is considering building apartments in College
Town, but first wants to do a market study. A previous market study found a mean of
$490.80 and standard deviation of $55. Suppose the apartment developer wants a
98% confidence interval estimate of the population mean with a margin of error of E
$10. What sample size is needed?
%D
37
335
89
162
Transcribed Image Text:6. An apartment complex developer is considering building apartments in College Town, but first wants to do a market study. A previous market study found a mean of $490.80 and standard deviation of $55. Suppose the apartment developer wants a 98% confidence interval estimate of the population mean with a margin of error of E $10. What sample size is needed? %D 37 335 89 162
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