4) A firm would like to estimate the mean age of all people in the civilian labor force. What size sample would be required to estimate the mean age of all people in the civilian labor force accurate to within 0.75 year of the estimate at the 95% confidence level, given that o = 15.26 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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4) A firm would like to estimate the mean age of all people in the civilian labor force. What size
sample would be required to estimate the mean age of all people in the civilian labor force accurate
to within 0.75 year of the estimate at the 95% confidence level, given that o = 15.26 years?
Transcribed Image Text:4) A firm would like to estimate the mean age of all people in the civilian labor force. What size sample would be required to estimate the mean age of all people in the civilian labor force accurate to within 0.75 year of the estimate at the 95% confidence level, given that o = 15.26 years?
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