How large of a sample is needed to find the population mean

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Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. It found that the annual health insurance premium s for a family with coverage through an employer averaged $10,979. The standard deviation of the sample was $1,000.

How large of a sample is needed to find the population mean within $250 at 99 percent confidence?

Reference no: EM13627551

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