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Use the Given Information to Find the Minimum Sample Size

question 124

Multiple Choice

Use the given information to find the minimum sample size required to estimate an unknown population mean µ.
-How many students must be randomly selected to estimate the mean weekly earnings of students at one college? We want 95% confidence that the sample mean is within $2 of the population mean, and the population standard deviation is known to be $10.


Definitions:

"Page 1 Of 2" Format

A pagination format that indicates the current page being viewed out of the total number of pages.

Currency Format

A way of displaying numbers to represent monetary values, including symbols and decimal places relevant to a specific currency.

Currency Symbol

A graphic symbol used as a shorthand for a currency's name, particularly in relation to other currencies, such as the dollar sign ($), euro symbol (€), or yen symbol (¥).

Decimal Point

A dot (.) used to separate the whole number part from the fractional part of a number.

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