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eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.87. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number. a. The desired margin of error is $.09. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is c. The desired margin of error is $.05. The appropriate sample size is B

eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.87. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number. a. The desired margin of error is $.09. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is c. The desired margin of error is $.05. The appropriate sample size is B

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
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eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.87. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number. a. The desired margin of error is $.09. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is c. The desired margin of error is $.05. The appropriate sample size is
Transcribed Image Text:eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.87. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $.24 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number. a. The desired margin of error is $.09. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is c. The desired margin of error is $.05. The appropriate sample size is
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