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You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population
You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately =68.8=68.8 dollars. You would like to be 90% confident that your estimate is within 4 dollar(s) of average spending on the birthday parties. How many moms do you have to sample? Do not round mid-calculation. n = Try this with your statistics calculator, if you decreases the confidence level, the sample size
- increases
- decreases
If you increases the error bound, the sample size
- increases
- decreases
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