Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired

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Annual starting salaries for college graduates with degrees in business administration are generally Show more Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30000 and $45000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. How large a sample should be taken if the desired margin of error is: a. $500? Remove all commas from your answer before submitting. b. $200? Remove all commas from your answer before submitting. c. $100? Remove all commas from your answer before submitting. d. Would you recommend trying to obtain the $100 margin of error? Explain. Show less

 

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