Mathematics, 30.10.2021 07:50 tamikagoss22

Suppose we wish to study the average income of Cactus Club customers, so we plan to conduct a research project with a 95% confidence level. We need our range of error (E) to be no greater than $500. Based on our past experience, we estimate the sample standard deviation to be $5,000. What sample size do you need in order to conduct the research?

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Suppose we wish to study the average income of Cactus Club customers, so we plan to conduct a resear...