You want to be 95% confident that the sample standard deviation is within 40% of the population standard deviation. Find the appropriate minimum sample size
. A. 144 B. 21 C. 12 D. 22
To be 95% confident that, "s" is within of the value of sigma | 1% | 5% | 10% | 20% | 30% | 40% | 50% |
---|---|---|---|---|---|---|---|
The sample size n should be at least | 19205 | 768 | 192 | 48 | 21 | 12 | 8 |
To be 95% confident that, "s" is within of the value of sigma | 1% | 5% | 10% | 20% | 30% | 40% | 50% |
The sample size n should be at least | 33218 | 1336 | 336 | 85 | 38 | 22 | 14 |
Using above table we get, sample size for 95% confidence level and sample standard deviation is within 40% of the population standard deviation is 12
Therefore, required sample size is 12
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