The Pear Tree would like to estimate the mean amount spent by their customers at their weekend
Question:
The Pear Tree would like to estimate the mean amount spent by their customers at their weekend brunch during the summer. The population estimate of the standard deviation is 30 and they want the mean estimate to be within $8, using a 95% level of confidence. How large a sample is required?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
55 fou...View the full answer
Answered By
Fahmin Arakkal
Tutoring and Contributing expert question and answers to teachers and students.
Primarily oversees the Heat and Mass Transfer contents presented on websites and blogs.
Responsible for Creating, Editing, Updating all contents related Chemical Engineering in
latex language
8+ Reviews
22+ Question Solved
Related Book For 
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
Question Posted:
