Question: question 16 You are trying to estimate the average amount a family spends on food during a year. In the past, the standard deviation of

question 16

You are trying to estimate the average amount a family spends on food during a year. In the past, the standard deviation of the amount a family has spent on food during a year has been = $1200. If you want to be 99% sure that you have estimated average family food expenditures within $60, how many families do you need to survey? Place your answer, a whole number, do not use any decimals, in the blank___.

For example, 1234 would be a legitimate entry.

___

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!