Estimate the current mean birth weight of all newborns

Reference no: EM131813570

Question: You wish to estimate the current mean birth weight of all newborns in a certain region, to within 1 ounce (1/16 pound) and with 95% confidence. A sample will cost $400 plus $1.50 for every newborn weighed. You believe the standard deviations of weight to be no more than 1.25 pounds. You have $2,500 to spend on the study.

a. Can you afford the sample required?

b. If not, what are your options?

Reference no: EM131813570

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