Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A union of restaurant and foodservice workers would like to estimate the mean hourly wage, , of foodservice workers in the U.S. The union will

A union of restaurant and foodservice workers would like to estimate the mean hourly wage,

, of foodservice workers in the U.S. The union will choose a random sample of wages and then estimate

using the mean of the sample. What is the minimum sample size needed in order for the union to be95

%

confident that its estimate is within$

0.40

of

? Suppose that the standard deviation of wages of foodservice workers in the U.S. is about$

2.25

.

Carry your intermediate computations to at least three decimal places. answer as awhole number(and make sure that it is the minimum whole number that satisfies the requirements).

(If necessary, consult alist of formulas.)

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

Precalculus Enhanced With Graphing Utilities (Subscription)

Authors: Michael, Michael Sullivan III, Michael III Sullivan, III Sullivan

6th Edition

0321849108, 9780321849106

More Books

Students also viewed these Mathematics questions