How many judges should be selected to estimate the population mean wage with 90% confidence and a margin of error of $2.00
1 answer:
Answer:
The number of judges that should be selected is 25
Step-by-step explanation:
Given that:
The C.I = 90%
Level of significance = 1 - C.I
= 1 - 0.90
= 0.10
Critical level for at 0.10 = 1.645
The margin of error E = 2.00
Let's assume that the sample standard deviation was $6.11
Then;
The number of judges that should be selected can be computed by using the formula:
n = 25.26
n ≅ 25
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