Answer:
A sample of 179 is needed.
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
That is z with a pvalue of
, so Z = 1.44.
Now, find the margin of error M as such

In which
is the standard deviation of the population and n is the size of the sample.
A previous study found that for an average family the variance is 1.69 gallon?
This means that 
If they are using a 85% level of confidence, how large of a sample is required to estimate the mean usage of water?
A sample of n is needed, and n is found for M = 0.14. So






Rounding up
A sample of 179 is needed.
Answer:
14
Step-by-step explanation:
Small, because 1 divided by 8 = 0.125, and 3 divided by 4 = .75 Hope this helps!
Profit (P) is calculated by subtracting the total cost (C) from the total revenue (R). The calculations are shown below,
R = (1440 dozens) x (12 pieces / 1 dozen) x (25 cents/ piece) = $4320
C = (1440 dozens) x ($2.50 / dozen) = $3600
Profit = R - C = $4320 - $3600 = $720
Thus, the businessman's profit is $720.