3. Aresearcher wants to estimate the daily expenses of college students. He wants a 99% confidence level and 40 margin of error. How many students must he randomly select if in the previous survey, a = 99.50?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 6E: List the sample space of each experiment. Tossing three coins
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3. Aresearcher wants to estimate the daily expenses of
college students, He wants a 99% confidence level and 40
margin of error. How many students must he randomly
select if in the previous survey, a = 99.50?
Transcribed Image Text:3. Aresearcher wants to estimate the daily expenses of college students, He wants a 99% confidence level and 40 margin of error. How many students must he randomly select if in the previous survey, a = 99.50?
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