7. A student wants to estimate the mean score of all college students for a particular exam. First use the range rule of thumb to make a rough estimate of the standard deviation of those scores. Possible scores range from 800 to 1400. Use technology and the estimated standard deviation to determine the sample size corresponding to a 90%
confidence level and a margin of error of 100 points. What isn't quite right with this exercise?
Solution :
7)
Given that,
Maximum = 1400
Minimum = 800
Range = maximum - minimum = 1400 - 800 = 600
Using Range rule of thumb
Standard deviation = Range / 4 = 600 / 4 = 150
Population standard deviation = = 150
Margin of error = E = 100
Z/2 = 1.645
sample size = n = [Z/2* / E] 2
n = [1.645 * 150 / 100]2
n = 7
Sample size = n = 7
Sample size is fairly small number .
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