In the previous question, to obtain a margin of error of ±$20 for a 95% interval estimate the minimum sample size is ________. For planning value, use the standard deviation from John's sample data. a 407 b 363 c 324 d 289

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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6 In the previous question, to obtain a margin of error of ±$20 for a 95% interval estimate the minimum sample size is ________.   For planning value, use the standard deviation from John's sample data.
 
 
a 407              
b 363              
c 324              
d 289              
John, a statistics student, collected a random sample of monthly rental charges for two-bedroom
apartments in Marion and surrounding counties. The following show the data John obtained in
his random sample.
1700
1190
1135
1190
1540
1070
1055
1115
1340
1490
1100
1150
865
965
1270
1415
1225
1200
1350
1135
1330
1130
1245
1275
1280
1445
1225
1095
1385
1390
1220
665
1210
1420
1500
1365
1075
1090
1105
1270
1295
1375
1670
1085
1085
1180
1245
1270
1305
1230
1345
880
1270
1190
1485
1340
935
1280
1465
1385
1295
980
1200
1560
1010
1545
1295
1625
900
1265
1085
1355
Transcribed Image Text:John, a statistics student, collected a random sample of monthly rental charges for two-bedroom apartments in Marion and surrounding counties. The following show the data John obtained in his random sample. 1700 1190 1135 1190 1540 1070 1055 1115 1340 1490 1100 1150 865 965 1270 1415 1225 1200 1350 1135 1330 1130 1245 1275 1280 1445 1225 1095 1385 1390 1220 665 1210 1420 1500 1365 1075 1090 1105 1270 1295 1375 1670 1085 1085 1180 1245 1270 1305 1230 1345 880 1270 1190 1485 1340 935 1280 1465 1385 1295 980 1200 1560 1010 1545 1295 1625 900 1265 1085 1355
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