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...

Extracted text: 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. What is the planning value for the population standard deviation (to the nearest whole number)? How large a sample should be taken if the desired margin of error is as shown below (to the nearest whole number)? a. $500? b. $200? c. $100? d. Would you recommend trying to obtain the $100 margin of error? Select