To estimate a student’s average score, we need to collect a sample. Assume population standard deviation is equal to 3, If we want to control the error within 0.2 with 98% confidence level, how large the sample size need to be?
Solution :
Given that,
standard deviation = =3
Margin of error = E = 0.2
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/2 = 0.02/ 2 = 0.01
Z/2 = Z0.01 = 2.326 ( Using z table )
sample size = n = [Z/2* / E] 2
n = ( 2.326*3 /0.2 )2
n =1217.3
Sample size = n =1218
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