Toyland is having a sale. All items are 20% off. How much will you save on an item that usually sells for $95?
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Answer:
The smallest sample size to satisfy the conditions is n=500.
Step-by-step explanation:
The condition for performing the inference related to the sample size is that, for all the categories, the expected success and failures in the sample are at least 10:
The largest sample size required will be for the minimum p or (1-p).
This happens to be the proportion that can play other instruments: 2%.
Then, we can calculate the minimum sample size as: