document.write( "Question 568490: A union of restaurant and foodservice workers would like to estimate the mean hourly wage, , of foodservice workers in the U.S. The union will choose a random sample of wages and then estimate using the mean of the sample. What is the minimum sample size needed in order for the union to be 95% confident that its estimate is within $0.35 of ? Suppose that the standard deviation of wages of foodservice workers in the U.S. is about $2.15 .
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document.write( "Carry your intermediate computations to at least three decimal places. Write your answer as a whole number
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Algebra.Com's Answer #366971 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! What is the minimum sample size needed in order for the union to be 95% confident that its estimate is within $0.35 of ? Suppose that the standard deviation of wages of foodservice workers in the U.S. is about $2.15 . \n" ); document.write( "---------- \n" ); document.write( "n = [zs/E]^2 \n" ); document.write( "--- \n" ); document.write( "n = [1.96*2.15/0.35]^2 = 145 \n" ); document.write( "=================================== \n" ); document.write( "cheers, \n" ); document.write( "Stan H. \n" ); document.write( "=============================== \n" ); document.write( " |