A research group needs to determine a 95% confidence interval for the mean repair cost for all car insurance small claims. From past research, it is known that the standard deviation of such claims amounts to $125.68. If the group wants their estimate to have a maximum error of $11, how many small claims should they sample? Round your answer up to the next integer

A research group needs to determine a 95% confidence interval for the mean repair cost for all car insurance small claims. From past research, it is known that the standard deviation of such claims amounts to $125.68. If the group wants their estimate to have a maximum error of $11, how many small claims should they sample? Round your answer up to the next integer

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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