Determining sample size-nlrb

Reference no: EM1394223

Suppose that the National Labor Relations Board (NLRB) wishes to estimate the average hourly wage rate for a certain classification of skilled workers. It wishes to be 95% certain to get an estimate of sample mean within 0.05 of the truth. What sample size do we need? Assume standard deviation is known to be $.30.

Reference no: EM1394223

Questions Cloud

What are the implications for international business : Illustrate what are the implications for international business of differences in the dominant RELIGIOUS also ethical system of a country.

Does the model accurately depict the truth : Model Fitness. With any statistical model, we assess the fit: Does the model accurately depict the truth? Explain how one of the following helps assess the "fitness" of the mean.

Define how adequate industry corporate social responsibility : Make suggestions for additional issues to require in future such reports. Other industry CSR reports in the same industry also news articles relating to the industry can assist you.

Determining acurate sample size : A "random survey" was conducted of 3274 people of the "microprocessor generation" (people born since 1971, the year the microprocessor were invented). It was reported that 48% of those

Determining sample size-nlrb : Suppose that the National Labor Relations Board (NLRB) wishes to estimate the average hourly wage rate for a certain classification of skilled workers. It wishes to be 95% certain to get an estimate of sample mean within 0.05 of the truth.

Disney also mcdonald''s are the consumers : HR centralized the position for employee relations, writing human resource strategies also procedures, capability in communications also employee training, which gave them an opportunity to make valuable contribute, ions.

Critical-value method to test significant difference means : What is the appropriate procedure to test a significant difference in means between the two groups? Use the critical-value method.

What is the total manufacturing costs assigned to job : Weaver Company's predetermined overhead rate is $18.00 per direct labor-hourand its direct labor wage rate is $12.00 per hour.

Difference between measured values of two groups : Explain the relationship between sample size and the likelihood of a statistically significant difference between the measured values of two groups.

User Account

All Pages