What is the minimum sample size


4.17 A researcher wishes to estimate the mean weekly wage of the several thousands of workers employed in a plant within plus or minus $20 and with a 99% degree of con?dence. From past experience, the researcher knows that the weekly wages of these workers are normally distributed with a standard deviation of $40. What is the minimum sample size required?

Request for Solution File

Ask an Expert for Answer!!
Econometrics: What is the minimum sample size
Reference No:- TGS01474048

Expected delivery within 24 Hours