Desired error of the estimation


A new grug had the potency advertised at 75%. Given the following smaple data:

N=25

X bar = 76.6%

S=1%

a) Check manufacturer's claim of the 775% potency at alpha = .05 (one tail)

b) Make a 90% confidence interval

c) If the desired error of the estimation is less than 0.1% with 99% confidence, what should the sample size be?

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Basic Statistics: Desired error of the estimation
Reference No:- TGS0848115

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