Computing the standard deviation of commuting times

Reference no: EM131813535

Question: An economist wishes to estimate, to within 2 minutes, the mean time that employed persons spend commuting each day, with 95% confidence. On the assumption that the standard deviation of commuting times is 8 minutes, estimate the minimum size sample required. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131813535

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