What is 5,389.029 rounded to the nearest hundreth
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Answer:
Sample size should be atleast 617
Step-by-step explanation:
given that a 95% confidence interval for the mean of a population is to be constructed and must be accurate to within 0.3 unit.
i.e. margin of error <0.3
Std devition sample = 3.8
For 95% assuming sample size large we can use z critical value
Z critical = 1.96
we have
Sample size should be atleast 617 to get an accurate margin of error 0.3