Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An advertising agent for a cereal company wants to know the age of people watching fists of fury television on saturday mornings. A random sample

An advertising agent for a cereal company wants to know the age of people watching "fists of fury television" on saturday mornings. A random sample of 50 viewers showed an average age of 12.7 years. From previous experience it is known that std deviation of 2.9 years. Find a 90% confidence interval for the mean age of all viewers.

How large should our sample be if we want to be sure that our sample mean is within .5 years of the true population mean?

Show all work.

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

Business Analytics Data Analysis and Decision Making

Authors: S. Christian Albright, Wayne L. Winston

5th edition

1133629601, 9781285965529 , 978-1133629603

More Books

Students also viewed these Mathematics questions

Question

Describe the sources of long term financing.

Answered: 1 week ago