Elementary Statistics (12th Edition)

Published by Pearson
ISBN 10: 0321836960
ISBN 13: 978-0-32183-696-0

Chapter 7 - Estimates and Sample Sizes - 7-4 Estimating a Population Standard Deviation or Variance - Basic Skills and Concepts - Page 371: 22


1336, will be outliers, not normal.

Work Step by Step

To be 99% confident that s is witin 5% of $\sigma$ by using the table, the corresponding sample size is: 1336, which will only be correct if the distribution is normal. However, the distribution will probably not be normal, because there will be some outliers, and also a lot of average salaries.
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