Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a consulting firm needs to estimate the average wage for elementary teachers within a local school district. Assume the parent population of salaries is normally

a consulting firm needs to estimate the average wage for elementary teachers within a local school district. Assume the parent population of salaries is normally distributed with a variance of$855625.00. What sample size is needed to estimate the true average salary to within $500.00 with 98% confidence?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Differential Equations With Boundary-Value Problems

Authors: Dennis G Zill, Ellen Monk, Warren S Wright

8th Edition

1285401298, 9781285401294

More Books

Students also viewed these Mathematics questions

Question

Considering the discussion in Box

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago

Question

Armed conflicts.

Answered: 1 week ago