Question: The B&K management team does not understand the tradeoff between confidence level, sample size, and margin of error. How would choosing the Silver Package of

The B&K management team does not understand the tradeoff between confidence level, sample size, and margin of error. How would choosing the Silver Package of Sample size of 1,000 listing with 95% confidence interval for the mean of the Northeast house listing price has a margin of error of $7,750 and Cost for service of $10,000 be a good recommendation of the sample size that would provide the sales agents with the best understanding of northeast home prices at the lowest cost for service

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