An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California. He believes that the mean income is $23.7, and the standard deviation is known to be $9.1. How large of a sample would be required in order to estimate the mean per capita income at the 98% level of confidence with an error of at most $0.44

Respuesta :

Answer:1442

Step-by-step explanation:

Given,

Mean is,

Standard deviation,

,

Margin of error(E) = 0.54,

For 98% level of confidence,  

Thus, the sample size would be,