Question

A pizza shop owner wishes to find the 95% confidence interval of the true mean cost...

A pizza shop owner wishes to find the 95% confidence interval of the true mean cost of a large plain pizza. How large should the sample be if she wishes to accurate to within $0.15? Assume the population standard deviation is $0.26.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A pizza shop owner wishes to find the 95% confidence interval of the true mean cost...
A pizza shop owner wishes to find the 95% confidence interval of the true mean cost of a large plain pizza. How large should the sample be if she wishes to be accurate to within $0.17? A previous study showed that the standard deviation of the price was $0.42. Round your final answer up to the next whole number
1.) As part of an environmental studies class project, students measured the circumferences of a random...
1.) As part of an environmental studies class project, students measured the circumferences of a random sample of 45 blue spruce trees near Brainard Lake, Colorado. The sample mean circumference was x bar = 29.8 inches. Assume that s is known to be 7.2 inches. Find a 99% confidence interval for the population mean circumference of all blue spruce trees near this lake. 2.) A pizza shop owner wishes to find the 90% confidence interval of the true mean cost...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence interval for a sample of size 73 with a mean of 38.6 and a population standard deviation of 13.9. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 95% C.I. = The answer should be obtained without any preliminary rounding.
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence interval for a sample of size 38 with a mean of 70.6 and a population standard deviation of 9.6. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 95% C.I. = The answer should be obtained without any preliminary rounding.
A manager wishes to estimate a population mean using a 95​% confidence interval estimate that has...
A manager wishes to estimate a population mean using a 95​% confidence interval estimate that has a margin of error of ±44.0 If the population standard deviation is thought to be 610​, what is the required sample​ size?
Find the margin of error for a​ 95% confidence interval for estimating the population mean when...
Find the margin of error for a​ 95% confidence interval for estimating the population mean when the sample standard deviation equals 90 with a sample size of​ (i) 484 and​ (ii) 1600 ​(i) Find the margin of error for a​ 95% confidence interval for estimating the population mean when the sample standard deviation equals 90 with a sample size of 484 (ii). ​(ii) Find the margin of error for a​ 95% confidence interval for estimating the population mean when the...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence...
Assume that a sample is used to estimate a population mean μμ. Find the 95% confidence interval for a sample of size 65 with a mean of 83.2 and a standard deviation of 7.7. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. 95% C.I. =
Assume that you want to construct a​ 95% confidence interval estimate of a population mean. Find...
Assume that you want to construct a​ 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the​ 95% confidence interval. The sample standard deviation is given below. Margin of errors=​$6​, standard deviation=​$22 The required sample size is __
1 - Which of the following statements is true regarding a 95% confidence interval? Assume numerous...
1 - Which of the following statements is true regarding a 95% confidence interval? Assume numerous large samples are taken from the population. a. In 95% of all samples, the sample proportion will fall within 2 standard deviations of the mean, which is the true proportion for the population. b. In 95% of all samples, the true proportion will fall within 2 standard deviations of the sample proportion. c. If we add and subtract 2 standard deviations to/from the sample...
1. The 95% confidence interval states that 95% of the sample means of a specified sample...
1. The 95% confidence interval states that 95% of the sample means of a specified sample size selected from a population will lie within plus and minus 1.96 standard deviations of the hypothesized population mean. T or F 2. Which of the following is NOT necessary to determine how large a sample to select from a population? Multiple Choice The level of confidence in estimating the population parameter The size of the population The maximum allowable error in estimating the...