Hello! Here are a few statistics questions I am having trouble with. Please help!
1.In a preliminary study, the sample standard deviation for the duration of a particular back pain suffered by patients was 18.0 months. How large a random sample is needed to construct a 90% confidence interval so that an estimate can be made within 2 months of the actual duration ?
2.In preparing a report on the economy, we need to estimate the percentage of businesses that plan to hire additional employees in the next 60 days. How many randomly selected employers must we contact in order to classify an estimate in which we are 98% confident, with an error of 5% ?
1) we are given that σ = 18 margin error = 2 zalpha/2 = 1.645 at 90% confidence Now Sample size (zalpha/2 *... View the full answer