The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.91. The US EIA updates its estimates O of average gas prices on a weekly basis. Assume the standard deviation is $.25 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 error is 8.10. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is C. The desired margin of error is $.04. The appropriate sample size is
The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.91. The US EIA updates its estimates O of average gas prices on a weekly basis. Assume the standard deviation is $.25 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 error is 8.10. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is C. The desired margin of error is $.04. The appropriate sample size is
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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