In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at an auto repair shop take per year. A previous study indicated that the standard deviation was 2.9 days. How large a sample must be selected if the company wants to be 99% confident that the true mean differs from the sample mean by no more than 1 day? O46 O 97 O 56 O 120
In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at an auto repair shop take per year. A previous study indicated that the standard deviation was 2.9 days. How large a sample must be selected if the company wants to be 99% confident that the true mean differs from the sample mean by no more than 1 day? O46 O 97 O 56 O 120
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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