Question:
You want to obtain a sample to estimate how much parents
Last updated: 7/19/2022
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 o = 26.3 dollars. You would like to be 95% confident that your estimate is within 4 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?