Calculating Customers Needed for a Good Sample
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What information would you need to know to decide how many customers should be included in the sample?
If you wanted to infer the population mean level of satisfaction within plus or minus 0.5 points at a .05 level of significance, how many customers should be included in the sample? Explain how you calculated your answer.
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Solution Summary
Word document showing the calculations to find the number of customers that should be included in a study to infer the population mean level of satisfaction with a product.
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