Answer:
x=18
Step-by-step explanation:
Answer:
a) 
b) The should sample at least 293 small claims.
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
.
So it is z with a pvalue of
, so
, which means that the answer of question a is z = 1.645.
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.
(b) If the group wants their estimate to have a maximum error of $12, how many small claims should they sample?
They should sample at least n small claims, in which n is found when
. So







The should sample at least 293 small claims.
Because like terms you add or subtract together to make it easier to do the problem. just like you do with whole numbers. you add an subtract to make the answer simpler.