the previous question, suppose we want to build a middle interval which captures 95% of the sample means within ±$2,000 from the population mean. What is the minimum sample size that
the previous question, suppose we want to build a middle interval which captures 95% of the sample means within ±$2,000 from the population mean. What is the minimum sample size that
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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Consider the mean cost of getting a four-year college degree. The middle interval which captures 95% of mean costs from samples of n = 75 graduates is |
(x̅₁, x̅₂) = | $60,142 | $68,446 |
26 | In the previous question, suppose we want to build a middle interval which captures 95% of the sample means within ±$2,000 from the population mean. What is the minimum sample size that would yield such an interval? | ||||||||
a | 263 | ||||||||
b | 292 | ||||||||
c | 324 | ||||||||
d | 360 |
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