The total cost amounts to £131.88 or 13188 pence.
A minimum sample size of 75 is necessary. Step-by-step explanation: We need to determine our level, which is calculated by subtracting 1 from the confidence interval divided by 2. Now, we need to find the z value in the Z table that corresponds to a p-value of [Z value]. Therefore, it is the z value with a p-value of [specific value]. Next, we calculate the margin of error M, where [insert equation], with [standard deviation] representing the population standard deviation and n as the sample size. The standard deviation equals the square root of the variance. With a 0.95 probability level, if the margin of error desired is 5 or below, a sample size of at least 75 is required.
