document.write( "Question 433384: The monthly starting salaries of students who receive engineering degrees have a standard deviation of $600. What sample size should be selected so that there is 0.95 probability of estimating the mean monthly income within $150 or less? \n" ); document.write( "
Algebra.Com's Answer #300423 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The monthly starting salaries of students who receive engineering degrees have a standard deviation of $600. What sample size should be selected so that there is 0.95 probability of estimating the mean monthly income within $150 or less? \n" ); document.write( "----------------------- \n" ); document.write( "n = [zs/E]^2 \n" ); document.write( "---- \n" ); document.write( "n = [1.96*600/150]^2 \n" ); document.write( "--- \n" ); document.write( "n = [1.96*4]^2 \n" ); document.write( "n = 62 when rounded up \n" ); document.write( "=============== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |