Annual starting salary for college graduates in a discipline is expected to be between $40,000 and $70,000. Using a planning value for population standard deviation as discussed in the textbook answer the following question. How large a sample should be taken if the desired margin of errors is $150 for a 90% confidence interval estimate?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 23PFA
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Annual starting salary for college graduates in a discipline is expected to be between $40,000 and $70,000. Using a planning value for population standard deviation as discussed in the textbook answer the following question. How large a sample should be taken if the desired margin of errors is $150 for a 90% confidence interval estimate?

 

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