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In: Statistics and Probability

You want to obtain a sample to estimate how much parents spend on their kids birthday...

You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately σ=31.7 dollars. You would like to be 99% confident that your estimate is within 2 dollar(s) of average spending on the birthday parties. How many moms do you have to sample? Do not round mid-calculation.

n =

You want to obtain a sample to estimate a population mean. Based on previous evidence, you believe the population standard deviation is approximately σ=24.2. You would like to be 90% confident that your esimate is within 10 of the true population mean. How large of a sample size is required?

n =

You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately σ=70.9

dollars. You would like to be 95% confident that your estimate is within 3 dollar(s) of average spending on the birthday parties. How many parents do you have to sample?

n =

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