A survey is being planned to determine the mean amount of time corporation executives watch television. A pilot survey indicated that the mean time per week is 15 hours, with a standard deviation of 3.5 hours. It is desired to estimate the mean viewing time within one-quarter hour. The 98% level of confidence is to be used. (Use z Distribution Table.) |
How many executives should be surveyed? (Round your z-score to 2 decimal places and round up your final answer to the next whole number.) |
Solution :
Given that,
standard deviation = = 3.5
margin of error = E = 0.25
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
Sample size = n = ((Z/2 * ) / E)2
= ((2.326 * 3.5) / 0.25)2
= 1061
Sample size = 1061
Get Answers For Free
Most questions answered within 1 hours.