Answer:
The sample size is 183.
Step-by-step explanation:
Given:
σ = $1050, ppulatin standard deviation
99% confidence interval
Accuracy = +/- $200
The accuracy is given by
z*(σ/√n)
where
z* = 2.576 for 99% confidence level (from tables)
n = sample size
Therefore
2.576(1050/√n) = 200
√n = (2.576*1050)/200 = 13.524
n = 182.9
<em>The sample size is 183</em>
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