**Step 1:**
Given parameters:
Desired Margin of Error (ME): $250
Confidence Level: 95%
**Step 2:**
Calculate the estimated population standard deviation ( \sigma ):
Given range: $30,000 to $45,000 which covers approximately 6 standard deviations
\sigma = \frac{Range}{6} = \frac{45000 - 30000}{6} = \frac{15000}{6} = 2500
**Step 3:**
Calculate the required sample size ( n ):
Substitute \sigma and z into the formula for n :
n = \left(\frac{1.96 \times 2500}{250}\right)^2
Calculating step by step:
1. \frac{1.96 \times 2500}{250} = 19.6
2. 19.6^2 = 384.16
Therefore, approximately \boxed{384} participants would be required for the sample.