If the population standard deviation is σ= 5, how large a sample is necessary to have a standard error that is
a. less than 3 points?
b. less than 2 points?
c. less than 1 point?
a) For a standard deviation of 5, and standard error value of 3 points, the sample size is obtained here as:
Therefore 3 is the required sample size here.
b) For a standard error of 3, the sample size is obtained here as:
Therefore 7 is the required sample size here.
c) For a standard error of 1, the sample size here is obtained as:
Therefore 25 is the required sample size here.
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