Question: A human resource manager for a large company takes a random sample of 60 employees from the company database. Based on the sample she calculates

A human resource manager for a large company takes a random sample of 60 employees from the company database. Based on the sample she calculates a 95% confidence interval for the mean time of employment for all employees to be 8.7 to 15.2 years. Which of the following will provide a more informative (i.e., narrower) confidence interval than the 95% confidence interval? Check all that apply. Using a 90% confidence level (instead of 95%) Using a sample size of 90 employees (instead of 60) Using a 99% confidence level (instead of 95%) Using a sample size of 40 employees (instead of 60)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
