A sample of 9 production managers with over 15 years of experience has an average salary of $71,000 and a sample standard deviation of $18,000. what sample size would be needed to ensure that we could estimate the true mean salary of all production managers with more than 15 years experience within $4200 if we wish to be 95% confident?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A sample of 9 production managers with over 15 years of experience has an average salary of $71,000 and a sample standard deviation of $18,000. what sample size would be needed to ensure that we could estimate the true mean salary of all production managers with more than 15 years experience within $4200 if we wish to be 95% confident?

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