Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $10,000 and $35,

Question

Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $10,000 and $35,000 Assume that 95% a confidence interval estimate of the population mean annual starting salary is desired.
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 ? Round your answers to next whole number. ? ?

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Lệ Thu 2 months 2021-08-01T12:22:01+00:00 1 Answers 2 views 0

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    2021-08-01T12:23:49+00:00

    Answer:

    Hey Mate! Heres your answer.

    Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $$30,000$ and $$45,000. $ Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired.

    Hope it helped you!

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