A researcher wants to estimate the average annual Jordanian per capita income in the range of plus and minus 50 dinars and with a confidence degree of 95%. The researcher knows through a study of family expenses and income conducted by the Jordanian Department of Statistics that the income distribution follows the normal distribution: with a standard deviation of 450 dinars. Required What is the minimum sample size required for a procedure another study? A researcher wants to estimatethe average annual Jordanian percapita income in the range of plusand minus 50 dinars and with aconfidence degree of 95%. Theresearcher knows through a studyof family expenses and incomeconducted by the JordanianDepartment of Statistics thatthe income distribution followsthe normal distribution: with astandard deviation of 450 dinars.RequiredWhat is the minimum sample sizerequired for a procedureAnother study?

Given,margin of error (E)=50standard deviation(σ)=450α=1-0.95=0.05α2=0.025Z0.025=1.96

Answered: A researcher wants to estimate the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Concept explainers

Question

A researcher wants to estimate the average annual Jordanian per capita income in the range of plus and minus 50 dinars and with a confidence degree of 95%. The researcher knows through a study of family expenses and income conducted by the Jordanian Department of Statistics that the income distribution follows the normal distribution: with a standard deviation of 450 dinars. Required

What is the minimum sample size required for a procedure another study?

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions