Business, 06.10.2019 10:01 dianasr424
Annual starting salaries for college graduates with degrees in business administration are generally expected to be between 3 and 5. assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. 1. what is the planning value for the population standard deviation? 2. how large a sample should be taken if the desired margin of error is
a. $500?
b. $200?
c. $100?
3. would you recommend trying to obtain the $100 margin of error? explain.
Answers: 2
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