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Author Question: In order to set rates, an insurance company is trying to estimate the number of sick days that full ... (Read 307 times)

bobypop

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on: Jan 16, 2020
In order to set rates, an insurance company is trying to estimate the number of sick days that full time workers at a local bank take per year. Based on earlier studies, they will assumed that a) How large a sample must be selected if the company wants to be 98% confident that their estimate is within 1 day of the true mean? b) Repeat part (a) using a 99% confidence interval. Which level of confidence requires a larger sample size? Explain.
Statistics: Informed Decisions Using Data ¦ Sullivan ¦ 5th Edition
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Marked as best answer by bobypop on Jan 16, 2020

shewald78

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Reply #1 on: Jan 16, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobypop

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Reply 2 on: Jan 16, 2020
Thanks for the timely response, appreciate it

EAN94

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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