Amanda wants to attend Baylor University for her 4-year college. She is a National Merit Scholar and scores a 1500 on her SATs.
This qualifies her for a yearly scholarship of $44,194. How much additional money does she need to have to attend BaylAmanda wants to attend Baylor University for her 4-year college. She is a National Merit Scholar and scores a 1500 on her SATs. This qualifies her for a yearly scholarship of $44,194. How much additional money does she need to have to attend Baylor for 4 years? or for 4 years?
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Answer:
The sample size required is 910.
Step-by-step explanation:
The confidence interval for population proportion is:
The margin of error is:
Given:
The critical value of <em>z</em> for 90% confidence level is:
*Use a standard normal table.
Compute the sample size required as follows:
Thus, the sample size required is 910.