Every month, Alex writes a check for $25 to pay off part of a loan. He has enough in her checking account to pay no more than $4
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Answer:
n = 61 costumers
Step-by-step explanation:
For calculating the number of costumers he should sample we use the next equation:
Where E is the error that we are prepared to accept, in this case E = 0.15
How we don't know the value of p, we can estimate it like p = 0.5
∝ = 1-0.98 = 0.02
1-∝/2 = 0.99
n = 60.32 costumers
n ≈ 61 costumers