A college wants to estimate what students typically spend on textbooks. A report fromthe college bookstore observes that textbooks range in price from $22 to $186. Toobtain a 95% confidence level for a confidence interval estimate to plus or minus $10,how many students should the college survey? (We may estimate the populationstandard deviation as (range) ÷ 4.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A college wants to estimate what students typically spend on textbooks. A report from
the college bookstore observes that textbooks range in price from $22 to $186. To
obtain a 95% confidence level for a confidence interval estimate to plus or minus $10,
how many students should the college survey? (We may estimate the population
standard deviation as (range) ÷ 4.)

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