Question: eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.93. The US EIA updates
eBook The U.S. Energy Information Administration (US EIA) reported that the average price for a gallon of regular gasoline is $3.93. The US EIA updates its estimates of average gas prices on a weekly basis. Assume the standard deviation is $.25 for the price of a gallon of regular gasoline and recommend the appropriate sample size for the US EIA to use if they wish to report each of the following margins of error at 95% confidence. Round up to the next whole number a. The desired margin of error is $.10. The appropriate sample size is b. The desired margin of error is $.06. The appropriate sample size is C. The desired margin of error is $.04. The appropriate sample size is
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