In: Statistics and Probability
A survey of 20 randomly sampled judges employed by the state of Florida found that they earned an average wage (including benefits) of $63.00 per hour. The sample standard deviation was $5.90 per hour. (Use t Distribution Table.)
What is the best estimate of the population mean?
Develop a 98% confidence interval for the population mean wage (including benefits) for these employees. (Round your answers to 2 decimal places.)
Confidence interval for the population mean wage is between and
How large a sample is needed to assess the population mean with an allowable error of $2.00 at 95% confidence? (Round up your answer to the next whole number.)
Sample Size
The best estimate of the population mean = 63
98% confidence interval :
Confidence interval for the population mean wage is between 59.65 and 66.35
Sample Size :
Sample size ( n ) = 34