solution :
Given that n = 100 , mean x = 4000 , standard deviation σ = 450
1)
=> Point estimate of the mean x = 4000
2)
=> for 99% confidence interval, Z = 2.58
=> A 99% confidence interval of the mean is
=> x +/- Z*σ/sqrt(n)
=> 4000 +/- 2.58*450/sqrt(100)
=> (3883.9 , 4116.1)
3)
=> given that margin of error E = 100
=> for 99% confidence interval, Z = 2.58
=> Sample size n = (Z*σ/E)^2
= (2.58*450/100)^2
= 134.7921
= 135 (nearest whole integer)
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