Experience with workmen in a certain industry indicates that the time required for a randomly selected workman to complete a certain job is approximately normally distributed with a standard deviation of 10 minutes. How large a sample would one need to take if one wished to estimate the unknown population mean to within 2 minutes with 95% confidence
Solution:
Given ,
= 10 ..Population SD
E = 2 Margin of error
c = 95% = 0.95 ...confidence level
Find sample size required.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.025
Using Z table ,
= 1.96
Now, sample size (n) is given by,
= {(1.96* 10)/ 2}2
= 96.04
= 97 ..(round to the next whole number)
Answer : 97
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