MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Annual starting salaries for college graduates with degrees in business administration are generally expected to be between 30,000and 40,000. Assume that a 95% confidence
a. What is the planning value for the population standard deviation?
b. How large a sample should be taken if the desired margin of error is $500? Round your answers to next whole number.
$210 ?
$100?
c. Would you recommend trying to obtain $100the margin of error? Explain. - Select your answer -
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