Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and sigma=19.1. Assume the population is normally distributed.
A 95 % confidence level requires a sample size of __
The following information is provided,
Significance Level, α = 0.05, Margin or Error, E = 1, σ = 19.1
The critical value for significance level, α = 0.05 is 1.96.
The following formula is used to compute the minimum sample size
required to estimate the population mean μ within the required
margin of error:
n >= (zc *σ/E)^2
n = (1.96 * 19.1/1)^2
n = 1401.45
Therefore, the sample size needed to satisfy the condition n
>= 1401.45 and it must be an integer number, we conclude that
the minimum required sample size is n = 1402 or 1401
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