Assume that the population standard deviation of annual incomes of all Michigan residents is $2,500. How many individuals must we include in a simple random sample if we want to be 95% confident that the population mean incomes lies within $150 of our sample mean income?
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The Answer of Assume that the population standard deviation of annual incomes of all Michigan residents is $2,500. How many individuals must we include in a simple random sample if we want to be 95% confident that the population mean incomes lies within $150 of our sample mean income?
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Assume That the Population Standard Deviation of Annual Incomes of All