A manager wishes to estimate a population mean using a 95% confidence interval estimate that has a

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A manager wishes to estimate a population mean using a 95% confidence interval estimate that has a margin of error of {44.0. If the population standard deviation is thought to be 680, what is the required sample size?

8-30. A sample size must be determined for estimating a population mean given that the confidence level is 90%

and the desired margin of error is 0.30. The largest value in the population is thought to be 15 and the smallest value is thought to be 5. Calculate the sample size required to estimate the population using a generously large sample size. (Hint: Use the range/6 option.)

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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