Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

An automobile dealer has an inventory of 400 used cars. To estimate the mean mileage of this inventory, she intends to take a simple random sample...

1.An automobile dealer has an inventory of 400 used cars. To estimate the mean mileage of this inventory, she intends to take a simple random sample of used cars. Previous studies suggest that the population standard deviation is 10,000 miles. A 90% confidence interval for the population mean must extend 2,000 miles on each side of its sample estimate. How large of a sample size is necessary to satisfy this requirement?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question