We want to estimate the population mean within 16, with a 90% level of confidence. The population standard deviation is estimated to be 45. How large a sample is required? (Round the intermediate calculation to 2 decimal places. Round the final answer to the nearest whole number.)
Sample size
Solution :
The sample size required to estimate the population mean with 90% confidence level is given as follows :
Where, σ is population standard deviation, E is margin of error, Z(0.10/2) is critical z-value to construct 90% confidence interval and n is sample size.
Since, we want to estimate the population mean within 16, therefore the margin of error E = 16.
σ = 45 and Z(0.10/2) = 1.645
Hence, the required sample size is,
On rounding to nearest whole number we get,
n = 21
Hence, the required sample size is 21.
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