A random sample of 100 observations yields a confidence interval with a margin of error of 60. In a new study we would like to estimate the same population parameter with a margin of error of 30 (half of the old margin of error). How many observations should we sample for this new study? Add Work

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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A random sample of 100 observations yields a confidence interval with a margin of error of 60. In a new
study we would like to estimate the same population parameter with a margin of error of 30 (half of the
old margin of error). How many observations should we sample for this new study?
Add Work
Transcribed Image Text:A random sample of 100 observations yields a confidence interval with a margin of error of 60. In a new study we would like to estimate the same population parameter with a margin of error of 30 (half of the old margin of error). How many observations should we sample for this new study? Add Work
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