Calculate sample size required for confidence interval
Calculate the sample size required for a confidence interval estimate of a population mean where the desired margin of error (e) is 5, the assumed population standard deviation (sigma) is 33.8463, and the confidence level is 95% (critical z=1.96)
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Past data indicate that 154 out of 700 customers surveyed used electricity to heat their homes. If the company wishes to be 99% confident to within 3%, how large a sample would be needed?
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