Suppose we want a 90% confidence interval for the average amount spent on books by freshmen in their first year at a major university. The interval is to have a margin of error of no more than $2, and the amount spent has an approximately Normal distribution with a standard deviation o = $30. The number of observations required is closest to O a 391 O b 257 609 O d 568

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Suppose we want a 90% confidence interval for the average amount spent on books by
freshmen in their first year at a major university. The interval is to have a margin of error of
no more than $2, and the amount spent has an approximately Normal distribution with a
standard deviation o = $30. The number of observations required is closest to
O a
391
O b
257
609
O d
568
Transcribed Image Text:Suppose we want a 90% confidence interval for the average amount spent on books by freshmen in their first year at a major university. The interval is to have a margin of error of no more than $2, and the amount spent has an approximately Normal distribution with a standard deviation o = $30. The number of observations required is closest to O a 391 O b 257 609 O d 568
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