The managers of a company are worried about the morale of their employees. In order to determine if a problem in this area exists, they decide to evaluate the attitudes of their employees with a standardized test. They select the Fortunato test of job satisfaction, which has a known standard deviation of 24 points. The managers should sample ________ employees if they want to estimate the mean score of the employees within 5 points with 90% confidence.
Solution :
Given that,
standard deviation = =24
Margin of error = E = 5
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z 0.05 = 1.645
sample size = n = [Z/2 * / E] 2
n = ( 1.645 *24 /5 )2
n =62.34
Sample size = n =63
Get Answers For Free
Most questions answered within 1 hours.