A company wants to estimate the mean length the machine is cutting the plastic within 0.125 inch. Determine the minimum sample size required to construct a 95% confidence interval for the population mean. Assume the population standard deviation is 0.25 inch.?
Solution :
Given that,
Population standard deviation = = 0.25
Margin of error = E = 0.125
At 95% confidence level the z is,
= 1 - 95%
= 1 - 0.95 = 0.05
/2 = 0.025
Z/2 = Z0.025 = 1.96
sample size = n = [Z/2* / E] 2
n = [ 1.96 * 0.25 / 0.125 ]2
n = 15
Sample size = n = 15
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