If we wish to detect a maximum difference in battery life of 10 hours with a probability of at least 0.90, what sample size should be used? Discuss how you would obtain a preliminary estimate of σ 2 for answering this question.

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step-by-step explanation:

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soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368