You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately o = 57.7 dollars....

Extracted text: You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately o = 57.7 dollars. You would like to be 95% confident that your estimate is within 4 dollar(s) of average spending on the birthday parties. How many moms do you have to sample? Do not round mid-calculation. n = Try this with your statistics calculator, if you decreases the confidence level, the sample size increases Odecreases If you decreases the error bound, the sample size Odecreases O increases