Value for the population standard deviation


Refer to the Scheer Industries example in Section 8.2. Use 6.84 days as a planning value for the population standard deviation.

a. Assuming 95% confidence, what sample size would be required to obtain a margin of error of 1.5 days (round up to the next whole number)?

b. Assuming 90% confidence, what sample size would be required to obtain a margin of error of 2.5 days (round up to the next whole number)?

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Basic Statistics: Value for the population standard deviation
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