In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at an auto repair shop take per year. A previous study indicated that the standard deviation was 3.1 days. How large a sample must be selected if the company wants to be 95% confident that the true mean differs from the sample mean by no more than 1 day? O 46 O 53 O 37 O 80

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In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at an auto repair shop take per year. A previous
study indicated that the standard deviation was 3.1 days. How large a sample must be selected if the company wants to be 95% confident that the true mean
differs from the sample mean by no more than 1 day?
O 46
O 53
O 37
O 80
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11
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F4
F5
Transcribed Image Text:In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at an auto repair shop take per year. A previous study indicated that the standard deviation was 3.1 days. How large a sample must be selected if the company wants to be 95% confident that the true mean differs from the sample mean by no more than 1 day? O 46 O 53 O 37 O 80 Submit Assignme Continue 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center| Accessibil MacBook Air 80 888 DD F6 F7 F8 F9 F10 11 F1 F2 F3 F4 F5
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