The required sample size is (Round up to the nearest whole number as needed.) Does the sample size seem practical? O A. No, because the required sample size is a fairly small number.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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4.

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
0.014 of the population mean? Assume that a 98% confidence level is desired. If using
5 - 0
= 1.25. Does the sample
4
range
the range rule of thumb, o can be estimated as
4
size seem practical?
..
The required sample size is
(Round up to the nearest whole number as needed.)
the sample size seem practical?
A. No, because the required sample size is a fairly small number.
B. Yes, because the required sample size is a fairly small number.
C. No, because the required sample size is a fairly large number.
D. Yes, because the required sample size is a fairly large number.
Transcribed Image Text: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 0.014 of the population mean? Assume that a 98% confidence level is desired. If using 5 - 0 = 1.25. Does the sample 4 range the range rule of thumb, o can be estimated as 4 size seem practical? .. The required sample size is (Round up to the nearest whole number as needed.) the sample size seem practical? A. No, because the required sample size is a fairly small number. B. Yes, because the required sample size is a fairly small number. C. No, because the required sample size is a fairly large number. D. Yes, because the required sample size is a fairly large number.
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