A survey of low-income families in New Jersey was designed to determine the average heating costs for
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A survey of low-income families in New Jersey was designed to determine the average heating costs for a family of 4 during January and February. Heating costs are known to have a standard deviation of $25.75. The economists conducting the study wish to construct a 95 % confidence interval with a margin for sampling error of no more than $3.95. Find the appropriate sample size.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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