it is desired to estimate the mean GPA of each undergraduate class at a large university. how large a sample is necessary to estimate the GPA within 0.27 at the 90% confidence level? The population deviation is 1.2.
Standard Deviation ,σ = 1.2
sampling error , E =0.27
Confidence Level ,CL=90%
alpha =1-CL =10% or 0.10
Z value = Zα/2 = 1.645[excel formula =normsinv(α/2)]
Sample Size,n = (Z * σ / E )² = (1.645*1.2/0.27) ² =53.44
So,Sample Size needed=54
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