Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and sigmaequals13.7. Assume the population is normally distributed. A 95 % confidence level requires a sample size of nothing. (Round up to the nearest whole number as needed.)
Solution :
Given that,
standard deviation =
= 13.7
margin of error = E = 1
At 95% confidence level the z is ,
=
1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2
= Z0.025 = 1.960
Sample size = n = ((Z/2
*
) / E)2
= ((1.960 * 13.7) / 1)2
= 721.03
= 721
Sample size = 721
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