Posted by aaron need urgent help on Monday, October 19, 2009 at 11:20pm.
# What is the probability that the mean price for a sample of 30 service stations is within $.03 of the population mean (to 4 decimals)?
.5878
# What is the probability that the mean price for a sample of 50 service stations is within $.03 of the population mean (to 4 decimals)?
.7108
# What is the probability that the mean price for a sample of 100 service stations is within $.03 of the population mean (to 4 decimals)?
.8664
# Calculate the sample size necessary to guarantee at least .95 probability that the sample mean is within $.03 of the population mean (0 decimals).
?
What is the probability that the mean price for a sample of 30 service stations is within $.03 of the population mean (to 4 decimals)?
.5878
# What is the probability that the mean price for a sample of 50 service stations is within $.03 of the population mean (to 4 decimals)?
.7108
# What is the probability that the mean price for a sample of 100 service stations is within $.03 of the population mean (to 4 decimals)?
.8664
# Calculate the sample size necessary to guarantee at least .95 probability that the sample mean is within $.03 of the population mean (0 decimals).
?
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