QUESTION 17 The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two decimals.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 22PFA
icon
Related questions
Question
QUESTION 17
The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume
standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two
decimals.
Transcribed Image Text:QUESTION 17 The local Chamber of Commerce would like to estimate the hourly wage for union workers in Bucks County, Pennsylvania with a margin of error of +-$1.40. Assume standard deviation for wages is $8.50. With a sample size of 45, how much confidence can we have in our results? Write your answer in percentage terms with two decimals.
Expert Solution
steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL