Which of the following best represents the appropriate sample size to use when estimating an unknown population mean within 3 units, with 80% confidence if an estimate of the population standard deviation is 12?
A 7 | ||
B | 27 | |
C | 44 | |
D | 62 |
Solution :
Given that,
standard deviation = = 12
margin of error = E = 3
At 80% confidence level the z is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2 = 0.20 / 2 = 0.10
Z/2 = Z 0.10 = 1.28
Sample size = n = ((Z/2 * ) / E)2
= ((1.28 * 12) / 3)2
= 27
Sample size = 27
option B is correct
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