Answer:
So the answer for this case would be n=139 rounded up to the nearest integer
Explanation:
For this case we have the following info given:
the sample mean
the standard deviation
The margin of error is given by this formula:
(a)
And on this case we have that ME =0.03 and we are interested in order to find the value of n, if we solve n from equation (b) we got:
(b)
The critical value for 95% of confidence interval now can be founded using the normal distribution and if we look in the normal standard distirbution we got
, replacing into formula (b) we got:
So the answer for this case would be n=139 rounded up to the nearest integer