The US Bureau of Labor Statistics collects information on the ages of people in labor force. A random sample of 50 people from the population is selected, with sample mean ī = 36.4 years. Assuming the...


The US Bureau of Labor Statistics collects information on the ages of people<br>in labor force. A random sample of 50 people from the population is selected, with sample<br>mean ī = 36.4 years. Assuming the population standard deviation (of the ages) is 12.1 years.<br>a) Find a 95% confidence interval for the population mean age u.<br>b) Determine the sample size needed in order to be 95% confident that the population<br>mean u is within 0.5 year of the sample mean ?<br>

Extracted text: The US Bureau of Labor Statistics collects information on the ages of people in labor force. A random sample of 50 people from the population is selected, with sample mean ī = 36.4 years. Assuming the population standard deviation (of the ages) is 12.1 years. a) Find a 95% confidence interval for the population mean age u. b) Determine the sample size needed in order to be 95% confident that the population mean u is within 0.5 year of the sample mean ?

Jun 03, 2022
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