Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $10,000 and $35,000. Assume that a 95% 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 $300? Use a rounded z value (2 decimals) in your calculations.Round your answer for n to next whole number. $150? $110? c. Would you recommend trying to obtain the $110 margin of error? Explain. -Select your answer v

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