Solved: We would like to estimate the true average age of customers, Basic Statistics

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We would like to estimate the true average age of customers

We would like to estimate the true average age of customers for a particular company. How large would the sample size need to be for the margin of error (based on 95% confidence) to be 1 year? Suppose that, based on previous research, we can assume the standard deviation of customer ages will be 14.

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Basic Statistics: We would like to estimate the true average age of customers

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Basic Statistics: We would like to estimate the true average age of customers

Reference No:- TGS02937474

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