You need to estimate how much money dog owners spend on their pets on average per month. You wish to express your estimate as a 98% confidence interval whose width does not exceed 10 euros. You speculate that the vast majority of dog owners must spend between 100 and 500 euros a month on their pets and decide to use one quarter of this range as a conservative estimate of the population standard deviation. At least how many dog owners will you need to include in your sample? Round the result up to the nearest integer.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
You need to estimate how much money dog owners spend on their pets on average per month. You wish to express your estimate as a 98% confidence interval whose width does not exceed 10 euros. You speculate that the vast majority of dog owners must spend between 100 and 500 euros a month on their pets and decide to use one quarter of this
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