An automobile dealer has an inventory of 200 used cars. To estimate the mean mileage of this inventory, she intends to take a simple random sample of used cars. Previous studies suggest that the population standard deviation is 10,000 miles. A 90% confidence interval for the population mean must extend 2,500 miles on each side of its sample estimate. How large of a sample size is necessary to satisfy this requirement? The minimum sample size needed to satisfy the requirement is (Round un to the nearest whole pumber )
An automobile dealer has an inventory of 200 used cars. To estimate the mean mileage of this inventory, she intends to take a simple random sample of used cars. Previous studies suggest that the population standard deviation is 10,000 miles. A 90% confidence interval for the population mean must extend 2,500 miles on each side of its sample estimate. How large of a sample size is necessary to satisfy this requirement? The minimum sample size needed to satisfy the requirement is (Round un to the nearest whole pumber )
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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