A 95% CI for a normal population with known std dev produces margin of error of 0.004 based on a sample size of 100. If we wish to halve the margin of error, how large a sample must we take?
Answer:?
We know margin of error:
E=
0.004= (at 95% confidence interval Zc=1.96)
0.004=
=0.020408
Now according to question, we have to find the sample size for which margin of error becomes half
=19.95
n=19.952
n=398
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