A population is normal with a variance of 36. Suppose you wish to estimate the population mean m. Find the sample size needed to assure with 95% confidence that the sample mean will not differ from the population mean by more than 4 units.
Answer:-
Given that:-
A population is normal with a variance of 36. Suppose you wish to estimate the population mean m. Find the sample size needed to assure with 95% confidence that the sample mean will not differ from the population mean by more than 4 units.
Variance =36, stdev=
Std error=stdev/sqrt(n)=sqrt(36/n)
Margin of error=+4
alpha=1-0.95=0.05
Critical probability
Critical value for cumulative probability 0.975 is +1.96
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