(Steps Shown) The Stanford Gas Company (a part of city government), at the behest of Mayor Davids and John Doe (wouldn’t you know it), wants to raise the
Question: The Stanford Gas Company (a part of city government), at the behest of Mayor Davids and John Doe (wouldn’t you know it), wants to raise the cost of city gas. NOTE: Natural gas is measured in cubic feet. Because of previous cuts in the number of " meter readers " made by the Mayor and City Manager, the Gas Company can only read meters every two or three months now.
The Gas Company did a pilot study last year and found that the average customer’s standard deviation was 72 cubic feet of gas. Before the city commission will agree to a gas rate increase they want the Gas Company to do a survey that has a 95% level of confidence and be within 10 cubic feet of the mean.
So how many homes must be surveyed before the cheapskates, I mean the Mayor and City Manager, can raise the cost of natural gas on the poor women and orphans of Stanford?
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