QUESTION 15 You may need to use the appropriate appendix table or technology to answer this question. Annual salary plus bonus data for chief executive officers are presented in an annual pay survey....


QUESTION 15


You may need to use the appropriate appendix table or technology to answer this question.

Annual salary plus bonus data for chief executive officers are presented in an annual pay survey. A preliminary sample showed that the standard deviation is $625 with data provided in thousands of dollars. How many chief executive officers should be in a sample if we want to estimate the population mean annual salary plus bonus with a margin of error of $100,000? (Note:
The desired margin of error would be
E = 100

if the data are in thousands of dollars.) Use 95% confidence. (Round your answer up to the nearest integer.)

chief executive officers


Jun 07, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here