Get comprehensive solutions to your questions with the help of IDNLearn.com's experts. Join our community to receive prompt, thorough responses from knowledgeable experts.
An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in Texas. He believes that the mean income is $28, and the standard deviation is known to be $5.5. How large of a sample would be required in order to estimate the mean per capita income at the 90% level of confidence with an error of at most $0.42? Round your answer up to the next integer.
Sagot :
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.
