A new streaming service sent out a survey to 300 households to see who would be interested in its service. The company found that it could charge $50 per month, with a margin of error of ±1.5. If 1,000 people signed up for the service, what is the least amount of monthly revenue the company should expect?

A $44,500
B $46,500
C $48,500
D $51,500

Question

05-10-2022
Mathematics

Answered

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A new streaming service sent out a survey to 300 households to see who would be interested in its service. The company found that it could charge $50 per month, with a margin of error of ±1.5. If 1,000 people signed up for the service, what is the least amount of monthly revenue the company should expect?

A $44,500
B $46,500
C $48,500
D $51,500

Sagot :

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