An insurance company is trying to estimate the average number of sick days that fulltime food service workers use per year. A pilot study found the population standard deviation to be 2.5 days. How large a sample must be selected if the company wants to be 95% confident of getting an interval that contains the true mean with a margin of error of 2 days?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
100%
Asap
An insurance company is trying to estimate the average number of sick days that
fulltime food service workers use per year. A pilot study found the population standard deviation
to be 2.5 days. How large a sample must be selected if the company wants to be 95% confident
of getting an interval that contains the true mean with a margin of error of 2 days?
Transcribed Image Text:An insurance company is trying to estimate the average number of sick days that fulltime food service workers use per year. A pilot study found the population standard deviation to be 2.5 days. How large a sample must be selected if the company wants to be 95% confident of getting an interval that contains the true mean with a margin of error of 2 days?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Basics (types, similarity, etc)
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON