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Annual starting salaries for college graduates with degrees in business administration are generally expected to be betw
Posted: Wed Jul 06, 2022 12:24 pm
by answerhappygod
- Annual Starting Salaries For College Graduates With Degrees In Business Administration Are Generally Expected To Be Betw 1 (28.27 KiB) Viewed 10 times
Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30,000 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? 1250 b. How large a sample should be taken if the desired margin of error is $500? Round your answers to next whole number. 0 = $190? $110? c. Would you recommend trying to obtain the $110 margin of error? Explain. No, the sample size would probably be too time consuming and costly.