Mathematics, 08.04.2020 02:56 sk9600930

The electric cooperative needs to know the mean household usage of electricity by its non-commercial customers in kWh per day. They would like the estimate to have a maximum error of 0.14 kWh. A previous study found that for an average family the variance is 5.29 kWh and the mean is 19.9 kWh per day. If they are using a 80% level of confidence, how large of a sample is required to estimate the mean usage of electricity

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The electric cooperative needs to know the mean household usage of electricity by its non-commercial...