Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30,000 and $45,000 with a population standard deviation of $3750. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. How large a sample should be taken if the desired margin of error is $200?

The value is  

Step-by-step explanation:

From the question we are told that

  The standard deviation is  

   The margin of error is  

From the question we are told the confidence level is  95% , hence the level of significance is    

=>  

Generally from the normal distribution table the critical value  of   is  

Generally the sample size is mathematically represented as

=>      

=>      

answer: 48

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