Annual salary plus bonus data for chief executive officers are presented in the Business Week Annual Pay

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Annual salary plus bonus data for chief executive officers are presented in the Business Week Annual Pay Survey. A preliminary sample showed that the standard deviation is $675 with data provided in thousands of dollars. How many chief executive officers should be in a sample if we want to estimate the population means annual salary plus bonus with a margin of error of $100,000?

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Related Book For  answer-question

Essentials Of Statistics For Business And Economics

ISBN: 9781111533847

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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