Cost of Pizzas A pizza shop owner wishes to find the 95% confidence interval of the true

Chapter 7, Problem 24

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QUESTION:

A pizza shop owner wishes to find the 95% confidence interval of the true mean cost of a large plain pizza. How large should the sample be if she wishes to be accurate to within $0.15? A previous study showed that the standard deviation of the price was $0.26.

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QUESTION:

A pizza shop owner wishes to find the 95% confidence interval of the true mean cost of a large plain pizza. How large should the sample be if she wishes to be accurate to within $0.15? A previous study showed that the standard deviation of the price was $0.26.

ANSWER:

Step 1 of 4

Given:

\(\begin{array}{l} E=0.15 \\ \sigma=0.26 \end{array}\)

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