A) n <500
B) 500≤ n <1000
C) 1000≤ n <1500
D) 1500≤ n <2000
RES / 341 RES/341 RES341 RES 341 QUIZ # 3
(Chapters 2+8 from Applied Statistics in Business and Economics )
Federal insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is estimated at $200
Federal insurance wants to estimate the cost of damage to cars due to accidents. The standard deviation of the cost is estimated at $200. They want to estimate the mean cost using a 95% confidence interval within ±$10. What is the minimum sample size n?
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acc week