Calculate minimum sample size

Assignment Help Business Management

Reference no: EM1377584

A personality test has a subsection developed to assess the honesty of the test taker. Assume that you are interested in the mean score, on this subsection among the general population. You decide that you'll use the mean of a random sample of scores on this subsection to estimate . What is the minimum sample size needed in order for you to be 95% confident that your estimate is within 4 of the true mean? Use the value 21 for the population standard deviation of scores on this subsection.

Reference no: EM1377584

Questions Cloud

Approaches for managing resistance : You are the nursing manager at a community hospital employing both emergency room and floor nurses. Each of these teams of nurses tends to work almost exclusively with others doing similar job.

Explanation of queuing analysis : The Atlas Health Club has one tanning booth for its consumers. Users of tanning booth spend exactly five minutes in the facility. Consumers arrive at booth according to a Poisson process at a mean rate of eight per hour.

Decision tree analysis : Tom is suing the producer of his car for $3.5 million because of a defect that he believes caused him to have an accident.

Multiple choice - business management question : Your friend is thirty years old and wants to save for retirement. The plan is to contribute $3000 each year to a tax free retirement account yielding 10 percent at the starting of each year for thirty-six years.

Calculate minimum sample size : A personality test has a subsection developed to assess the honesty of test taker. Assume that you are interested in the mean score, subsection between the general population.

Whether mirna is behaving in a professional manner : -Show whether Mirna is behaving in a professional manner, Does this really make a difference, find what would you do if you Mirna

Discuss the objectives for hiring an operations manager : Assume that you are sitting down with the manager of the firm to discuss the objectives for hiring an operations manager. It is important that you and the manager be in contract so you can do a good job in recruitment and selection procedure.

What was the real rate of interest on this loan : Prepare the suitable journal entry to record the year-end discount amortization on December 31, 20X7 and prepare the suitable journal entry to record the payment of the note on 31 st March, 20X8.

Research different types of prescreening tests : Make research on different types of Prescreening tests and create a report for the president of the firm. Discuss and explain the validity and reliability of each test.

User Account

All Pages