Math Problem Statement

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 0.15 kWh. A previous study found that for an average family the standard deviation is 1.9 kWh and the mean is 16.7 kWh per day. If they are using a 98% level of confidence, how large of a sample is required to estimate the mean usage of electricity? Round your answer up to the next integer.

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Statistics
Sample Size Calculation
Confidence Intervals

Formulas

n = (Z * σ / E)^2

Theorems

Central Limit Theorem
Normal Distribution

Suitable Grade Level

College Level