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Suppose that the price per pound of asparagus is normally distributed with = $0.15 per pound. Find the sample size necessary for a 95% confidence
Suppose that the price per pound of asparagus is normally distributed with = $0.15 per pound. Find the sample size necessary for a 95% confidence level with a maximal margin of error of E = 0.03 for the mean price of asparagus per pound. In your answer include the following:
1. Write down the formula you are using.
2.Write down the value of the variables you are substituting into the formula.
3. Write down the final answer. (Make sure to round up to the next whole number.)
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