Mathematics, 27.04.2021 15:30 Rinjo
The management of a major diary wanted to determine the average ounces of milk consumed per resident in the state of Texas. Past data indicated that the standard deviation in milk consumption per capita across the U. S. population was 4 ounces. A 95% confidence level is required and the margin of error is not to exceed /- 0.5 ounces. Management wanted to double the level of precision and increase the level of confidence to 99%.
Required:
What sample size would you recommend?
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