What is the value of (-1/2) ^ -4
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Answer:
1245
Step-by-step explanation:
-Given the standard deviation is $9000 and the margin of error is $500.
-the minimum sample size at a 95% confidence level can be calculated using the formula:
Hence, the minimum sample size is 1245
*Since there's no data fromw which we are drawing our variables, we can manually input our parameters in excel and calculate as attached.
