Final answer:
To determine the sample size needed for a margin of error of 0.01 ounces, use the formula n = (Z * σ) / E, where Z is the z-score, σ is the population standard deviation, and E is the margin of error. Plugging in the given values, the sample size required is 10 cans.
Step-by-step explanation:
To determine the sample size needed for a margin of error of 0.01 ounces, we need to use the formula:
n = (Z * σ) / E
Where:
n is the sample size
Z is the z-score corresponding to the desired confidence level
σ is the population standard deviation
E is the margin of error
In this case, the z-score for a 95% confidence level is approximately 1.96. The population standard deviation is given as 0.05 ounces, and the desired margin of error is 0.01 ounces.
Plugging in these values:
n = (1.96 * 0.05) / 0.01
n = 9.8
Since it is not possible to have a fraction of a can, we round up to the nearest whole number. Therefore, 10 cans must be sampled for a margin of error of 0.01 ounces.