Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Many college graduates who are employed full-time have longer than 40-hour work weeks. Suppose that we wish to estimate the mean number of hours, ,

Many college graduates who are employed full-time have longer than 40-hour work weeks. Suppose that we wish to estimate the mean number of hours, , worked per week by college graduates employed full-time.We'll choose a random sample of college graduates employed full-time anduse the mean of this sample to estimate Mean . Assuming that the standarddeviation of the number of hours worked by college graduates is 6.30 hoursper week, what is the minimum sample size needed in order for usto be 99% confident that our estimate is within 1.2hoursper week of Mean ?

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

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

Advanced Engineering Mathematics

Authors: ERWIN KREYSZIG

9th Edition

0471488852, 978-0471488859

More Books

Students also viewed these Mathematics questions