A public policy research group is conducting a study of health care plans and would like to

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A public policy research group is conducting a study of health care plans and would like to estimate the average dollars contributed annually to health savings accounts by participating employees. A pilot study conducted a few months earlier indicated that the standard deviation of annual contributions to such plans was $1,225. The research group wants the study’s findings to be within $100 of the true mean with a confidence level of 90%. What sample size is required?
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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