Check My Work (2 remaining) The U.S. Energy Information Administration (US EIA) reported that the average price fora gallon of reqular gasoline is $3.89. The US EIA updates its estimates of average gas prices on a weeldy basis. Assume the standard deviation is 0.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the net whole number. a. The desired margin of eor is $0.11. The appropriate sample size is b. The desired margin of error is $0.07. The appropriate sample size is c. The desired margin of error is $0.05. The appropriate sample size is

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The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.89. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $0.24 for the price of a
gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number.
a. The desired margin of eror is $0.11, The appropriate sample size is
b. The desired margin of error is $0.07, The appropriate sample size is
G. The desired margin of error is $0.05, The appropriate sample size is
Transcribed Image Text:Check My Work (2 remaining) The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.89. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $0.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number. a. The desired margin of eror is $0.11, The appropriate sample size is b. The desired margin of error is $0.07, The appropriate sample size is G. The desired margin of error is $0.05, The appropriate sample size is
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