MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Concept explainers
Topic Video
Question
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 σ=35.5σ=35.5 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 parents do you have to sample?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- 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 σ=49.7σ=49.7 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?arrow_forwardYou 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 σ=32.7σ=32.7 dollars. You would like to be 98% confident that your estimate is within 5 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?n =arrow_forwardYou 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 σ=25.5σ=25.5 dollars. You would like to be 99% confident that your estimate is within 4 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forward
- 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 σ=49.5σ=49.5 dollars. You would like to be 90% confident that your estimate is within 5 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forwardYou 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 σ=53.4σ=53.4 dollars. You would like to be 98% confident that your estimate is within 2.5 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forwardYou 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 σ=80.6σ=80.6 dollars. You would like to be 98% confident that your estimate is within 1 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forward
- 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 σ=44.1σ=44.1 dollars. You would like to be 99% confident that your estimate is within 4 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forwardYou 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 σ=35.3σ=35.3 dollars. You would like to be 90% confident that your estimate is within 1 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forwardYou 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 σ=71.3σ=71.3 dollars. You would like to be 95% confident that your estimate is within 1 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forward
- 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 σ=44.7σ=44.7 dollars. You would like to be 98% confident that your estimate is within 1.5 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?arrow_forwardYou 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 σ=63.3σ=63.3 dollars. You would like to be 95% confident that your estimate is within 2.5 dollar(s) of average spending on the birthday parties. How many parents do you have to sample? n=arrow_forwardYou 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 σ=57.4σ=57.4 dollars. You would like to be 99% confident that your estimate is within 1.5 dollar(s) of average spending on the birthday parties. How many moms do you have to sample? Do not round mid-calculation.n =arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman