(Answered) Smithco is a supplier to many brand name makers of mobile

Economics

SmithCo is a supplier to many brand name makers of mobile phones. SmithCo manufactures the external shells that enclose mobile phones. The strength of a shell is measured by applying increasing pressure to the shell and recording the pressure at which the shell breaks. A random sample of 50 shells made by SmithCo showed an average strength of 45.4 pounds and a sample standard deviation of 2.1 pounds.

(i) Construct a 95% confidence interval for the mean shell strength. What is the margin of error?

(ii) What should be the sample size for a margin of error of 0.2 pounds or less?

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Category:- Business Economics
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