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A survey is planned to determine the mean annual family medical expenses of employees of a large company. The management of the company wishes to

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A survey is planned to determine the mean annual family medical expenses of employees of a large company. The management of the company wishes to be 95% confident that the sample mean is correct to within 1 $75 of the population mean annual family medical expenses. A previous study indicates that the standard deviation is approximately $452. a. How large a sample is necessary? b. If management wants to be correct to within + $20, how many employees need to be selected? Click here to view page 1 of the cumulative standardized normal distribution table Click here to view page 2 of the cumulative standardized normal distribution table a. How large a sample is necessary? n=(Round up to the nearest integer.) b. If management wants to be correct to within + $20, how many employees need to be selected? n=(Round up to the nearest integer.)

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