A statistician employed by a consumer testing organization reports that, at 95% confidence, he has determined that the true average content of the Uncola soft drinks is between 11.7 to 12.3 ounces. He further reports that his sample revealed an average content of 12 ounces, but he forgot to report the size of the sample he had selected. Assuming the standard deviation of the population is 1.28, determine the size of the sample.
What will be an ideal response?
70
Business
You might also like to view...
A disadvantage of the corporate form of business entity is
a. mutual agency for stockholders b. unlimited liability for stockholders c. corporations are subject to more governmental regulations d. the ease of transfer of ownership
Business
Nestlé asked suppliers to find a type of glue to make the clicking sound louder when consumers snap open a tube of Smarties brand chocolate candies
Indicate whether the statement is true or false
Business
The core of a CRM program is a ________ database
A) competitor B) supplier C) channel members' D) customer
Business
________ occurs when information is processed and added to long-term memory.
A. Formalization B. Repositioning C. Cognitive dissonance D. Data mining E. Learning
Business