If you wanted to be 99% confident that your estimate of the average Florida rainfall was within 3 inches of the true average, how many places in Florida should you survey? Use a standard deviation of 9 inches per year. (i) What would be the z* critical value required to answer the question? 0.99 (ii) What is the answer to the question, how many places in Florida should you survey? 8

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If you wanted to be 99% confident that your estimate of the
average Florida rainfall was within 3 inches of the true average,
how many places in Florida should you survey? Use a standard
deviation of 9 inches per year.
(i) What would be the z* critical value required to answer the
question? 0.99
(ii) What is the answer to the question, how many places in
Florida should you survey? 8
Transcribed Image Text:If you wanted to be 99% confident that your estimate of the average Florida rainfall was within 3 inches of the true average, how many places in Florida should you survey? Use a standard deviation of 9 inches per year. (i) What would be the z* critical value required to answer the question? 0.99 (ii) What is the answer to the question, how many places in Florida should you survey? 8
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