Author Question: The Retail Advertising and Marketing Association would like to estimate the average amount of money ... (Read 95 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
The Retail Advertising and Marketing Association would like to estimate the average amount of money that a person spends for Mother's Day with a 99 confidence interval and a margin of error within plus or minus 6.
 
  Assuming the standard deviation for spending on Mother's Day is 36, the required sample size is ________.A) 210
  B) 239
  C) 284
  D) 313

Question 2

The Retail Advertising and Marketing Association would like to estimate the average amount of money that a person spends for Mother's Day with a 99 confidence interval and a margin of error within plus or minus 12.
 
  Assuming the standard deviation for spending on Mother's Day is 36, the required sample size is ________.A) 60
  B) 72
  C) 97
  D) 108


sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library