The maximum error of estimate with a sample of 300 cell phones is 29.73%
The formula for calculating the maximum error of the estimate is expressed as:
ME = √0.25/n
n is the total sample
Given the following parameters
n = 300
Substitute into the formula to have:
ME = √0.25/n
ME = √0.25/300
ME = 0.2973
ME = 29.73%
Hence the maximum error of estimate with a sample of 300 cell phones is 29.73%
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