Question
To estmate the mean number of days a stock has positive daily increases within a year, business researchers initiated a study. From previous similar studies
To estmate the mean number of days a stock has positive daily increases within a year, business researchers initiated a study. From previous similar studies it is known that the standard deviation of the population is 5.52. With this planning value, what sample size must now be taken for the 95% confidence interval to have the margin of error of 1.53? Use the fact that 95% of normally distributed observations are within 1.96 standard deviaitons.Gve your answer with 2 decimals.DoNOTround the sampe size to a whole number. For example, if you obtain 456.76 for the sample size, enter this value, not 457.
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