(S 9.2) a) In order to estimate the population mean, ?, to within 2 at 95% confidence, what is the minimum sample size required? (Assume ?=6.6).
Solution :
Given that,
standard deviation = = 6.6
margin of error = E = 2
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Sample size = n = ((Z/2 * ) / E)2
= ((1.960 * 6.6 ) / 2)2
= 41.8350
The minimum sample size = 42
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