Answer:
C.
Step-by-step explanation:
The answer is C
Answer:y=10
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.
$40=T >?=m
T= $40,$80,$120,etc.
m=1,2,3,etc