4) A firm would like to estimate the mean age of all people in the civilian labor force. What size sample would be required to estimate the mean age of all people in the civilian labor force accurate to within 0.75 year of the estimate at the 95% confidence level, given that o = 15.26 years?

Q: How to set up and solve?

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: solution not complete, can you upload it again

A: see below the answer required area is in mention as yellow color

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.