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Suppose we want a 90% confidence interval for the average amount spent on books by freshmen in their first year at college. The amount spent
Suppose we want a 90% confidence interval for the average amount spent on books by freshmen in their first year at college. The amount spent has a normal distribution with standard deviation $19.
(a) How large should the sample be if the margin of error is to be less than $2?
ANSWER:
(b) If we wanted a smaller margin of error, we would need asample. (Enter: ''LARGER'', ''SMALLER'' or ''SAME SIZE'', without the quotes.)
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