Can you pleae help with this question? Assume that all grade-point averages are to be standardized on a scale between 0 and 5. How many grade-point averages must be obtained so that the sample mean is within 0.015 of the population mean? Assume that a 99% confidence level is desired. If using the range rule of thumb, sigmaσ can be estimated as range/4 = 5-0/4= 1.25 1. What is the required sample size?___ 2.Does the sample size seem practical? a. No, because the required sample size is a fairly small number. b. No, because the required sample size is a fairly large number. c. Yes, because the required sample size is a fairly small number. d. Yes, because the required sample size is a fairly large number.
Can you pleae help with this question?
Assume that all grade-point averages are to be standardized on a scale between 0 and 5. How many grade-point averages must be obtained so that the sample mean is within 0.015 of the population mean? Assume that a 99% confidence level is desired. If using the
1. What is the required
2.Does the sample size seem practical?
a. No, because the required sample size is a fairly small number.
b. No, because the required sample size is a fairly large number.
c. Yes, because the required sample size is a fairly small number.
d. Yes, because the required sample size is a fairly large number.
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