Examlex
Find the sample size.
-ABI Insurance wants to estimate the average life expectancy to within one year with
95% confidence. Previous studies have shown the mean age life expectancy of its clients
To be 78.6 with a standard deviation of 4.48 years. How many randomly selected
Recently paid policies would they need to sample to achieve the desired level of accuracy?
Technical Terms
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Ramifications
The consequences or outcomes that result from a particular action or event, often complex or unexpected.
Technical Errors
Mistakes or problems that occur in the process of executing a technical task or operation, often related to machinery, computers, or specific techniques.
Psychological Obstacles
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