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Sales of a New Line of Athletic Footwear Are Crucial

Question 1

Multiple Choice

Sales of a new line of athletic footwear are crucial to the success of a company. The company wishes to estimate the average weekly sales of the new footwear to within $200 with 95%
Reliability. The initial sales indicate that the standard deviation of the weekly sales figures is
Approximately $1400. How many weeks of data must be sampled for the company to get the
Information it desires?


A) 14 weeks
B) 97 weeks
C) 189 weeks
D) 37,648 weeks

Correct Answer:

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