QUESTION 17 The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two decimals.

MATLAB: An Introduction with Applications
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QUESTION 17
The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume
standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two
decimals.
Transcribed Image Text:QUESTION 17 The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two decimals.
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