A research company desires to know the mean consumption of meat per week among people over age 27. They believe that the meat consumption has a mean of 2.1 pounds, and want to construct a 99% confidence interval with a maximum error of 0.09 pounds. Assuming a variance of 1.44 pounds, what is the minimum number of people over age 27 they must include in their sample? Round your answer up to the next integer.
Solution :
Given that,
variance = 1.44
standard deviation = = 1.2
margin of error = E = 0.09
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.575
Sample size = n = ((Z/2 * ) / E)2
= ((2.575 * 1.2) / 0.09)2
= 1178.77 = 1179
minimum number of people = 1179
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