Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A coin-operated coffee machine made by BIG Corporation was designed to discharge a mean of eight ounces of coffee per cup. If it dispenses more

image text in transcribed
A coin-operated coffee machine made by BIG Corporation was designed to discharge a mean of eight ounces of coffee per cup. If it dispenses more than that on average, the corporation may lose money, and if it dispenses less, the customers may complain. BIG Corporation would like to estimate the mean amount of coffee, J, dispensed per cup by this machine. BIG will choose a random sample of cup amounts dispensed by this machine and use this sample to estimate . Assuming that the standard deviation of cup amounts dispensed by this machine is 0.43 ounces, what is the minimum sample size needed in order for BIG to be 95% confident that its estimate is within 0.07 ounces of ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.) E X 5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra With Applications

Authors: Gareth Williams

8th Edition

1449679579, 9781449679576

More Books

Students also viewed these Mathematics questions