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Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30,000 and $45,000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. How large a sample should be taken if the desired margin of error is:

a. $500?

b. $200?

c. $100?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91000072

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