The primary determinant of the amount of vacation time U.S. employees receive is their length of service.
Question:
a. Construct a 95% confidence interval for p.
b. Is the sample size large enough to ensure that the normal distribution provides a reasonable approximation to the sampling distribution of p? Justify your answer.
c. How large a sample would be required to estimate p to within .02 with 95% confidence?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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