Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time, μ, of customers at the supermarkets. The consultant will collect a random sample of shopping times at the supermarkets and use the mean of these shopping times to estimate μ. Assuming that the standard deviation of the population of shopping times at the supermarkets is 27 minutes, what is the minimum sample size she must collect in order for her to be 99% confident that her estimate is within 6 minutes of μ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.)

Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time, μ, of customers at the supermarkets. The consultant will collect a random sample of shopping times at the supermarkets and use the mean of these shopping times to estimate μ. Assuming that the standard deviation of the population of shopping times at the supermarkets is 27 minutes, what is the minimum sample size she must collect in order for her to be 99% confident that her estimate is within 6 minutes of μ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.4: Distributions Of Data

Problem 19PFA

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Question

99% confident that her estimate is within 6 minutes of μ?

Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements).

(If necessary, consult a list of formulas.)