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Mathematics, 12.02.2021 02:40 LizaB15

Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30,000 and $50,000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. Given the information in the Microsoft Excel Online file below, construct a spreadsheet to determine how large a sample should be taken for each desired margin of error.

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