A light bulb manufacturer wants to determine how large a sample is needed to test the hours a light bulb has. The manufacturer wants to be 99% confident and a margin of error of 25 hours. It is known that the population standard deviation is 300 hours. What is the minimum number of light bulbs to be tested?
Solution :
Given that,
standard deviation =s = =300
Margin of error = E = 25
At 99% confidence level the z is,
= 1 - 99%
= 1 - 0.99 = 0.01
/2 = 0.005
Z/2 = 2.576
sample size = n = [Z/2* / E] 2
n = ( 2.576* 300/ 25)2
n =955.55
Sample size = n =956 rounded
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