The Northwest Pacific Phone Company wishes to estimate the average number of minutes its customers spend on

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The Northwest Pacific Phone Company wishes to estimate the average number of minutes its customers spend on long-distance calls per month. The company wants the estimate made with 99% confidence and a margin of error of no more than 5 minutes.

a. A previous study indicated that the standard deviation for long-distance calls is 21 minutes per month. What should the sample size be?

b. Determine the required sample size if the confidence level were changed from 99% to 90%.

c. What would the required sample size be if the confidence level was 95% and the margin of error was 8 minutes?

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Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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