If σ = 12 then find sample size required to estimate a population mean μ to within 3.6 with 99% confidence?
Solution :
Given that,
standard deviation =s = =12
Margin of error = E = 3.6
At 99% confidence level the z is,
= 1 - 99%
= 1 - 0.99 = 0.01
/2 = 0.005
Z/2 = 2.58
sample size = n = [Z/2* / E] 2
n = ( 2.58*12 /3.6 )2
n =73.96=74
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