HLT 3301-We wish to estimate the population mean of a variable

We wish to estimate the population mean of a variable that has standard deviation 70.5. We want to estimate it with an error no greater than 5 units with probability 0.99. How big a sample should we take from the population? What happens if the standard deviation and the margin of error are both doubled?explain and show calculations

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"