Joe Jobs is a VP of a very large international company. Joe wants to estimate the mean age of thecustomers that purchase products from the company. He plans to use a sample of customers toestimate the mean and wants to be 95% confident that the maximum error in his estimate is oneyear. From a previous survey, he is able to determine that the standard deviation of ages is 6.Calculate the sample size Joe needs in order to estimate the mean age of the customers given theabove parameters
Joe Jobs is a VP of a very large international company. Joe wants to estimate the mean age of thecustomers that purchase products from the company. He plans to use a sample of customers toestimate the mean and wants to be 95% confident that the maximum error in his estimate is oneyear. From a previous survey, he is able to determine that the standard deviation of ages is 6.Calculate the sample size Joe needs in order to estimate the mean age of the customers given theabove parameters
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Joe Jobs is a VP of a very large international company. Joe wants to estimate the mean age of the
customers that purchase products from the company. He plans to use a sample of customers to
estimate the mean and wants to be 95% confident that the maximum error in his estimate is one
year. From a previous survey, he is able to determine that the standard deviation of ages is 6.
Calculate the
above parameters
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