Question

What sample size is required to ensure the 99% confidence interval has a width no greater...

What sample size is required to ensure the 99% confidence interval has a width no greater than 20 when sampling from a population with standard deviation of 30?

Homework Answers

Answer #1

Solution :

Given that,

standard deviation =s =   =30

Margin of error = E = width/2=20/2=10

At 99% confidence level the z is,

= 1 - 99%

= 1 - 0.99 = 0.01

/2 = 0.005

Z/2 = 2.58

sample size = n = [Z/2* / E] 2

n = ( 2.58* 30/ 10)2

n =59.9

Sample size = n =60

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What sample size would be required so that the width of the 99% confidence interval would...
What sample size would be required so that the width of the 99% confidence interval would be at most 0.04 units wide?
Suppose you want to construct a 99% confidence interval for the average height of US males...
Suppose you want to construct a 99% confidence interval for the average height of US males above the age of 20. Based on past studies you think the standard deviation of heights for this population is around 6 inches. How large a sample should you gather to ensure that your confidence interval has a width no greater than 1 inch?
Which of the following statements is true? The 95% confidence interval is wider than the 99%...
Which of the following statements is true? The 95% confidence interval is wider than the 99% confidence interval. The ONLY way to reduce the width of a confidence interval is to reduce the confidence level. The required sample size for a population mean is ONLY dependent on population variance. Given population variance and sampling error, higher confidence level results in larger sample size.
Mean Sample standard deviation Population standard deviation Sample size Confidence level Confidence interval 100 20 na...
Mean Sample standard deviation Population standard deviation Sample size Confidence level Confidence interval 100 20 na 25 95 % 100 20 na 25 90 % 100 40 na 25 90 % 100 40 n.a. 16 90 % 100 n.a. 40 16 90 % How does the confidence level affect the width of the confidence interval, other things equal? How does the size of the standard deviation affect the width of the confidence interval, other things equal? How does sample size...
A manager wishes to estimate a population mean using a 99​% confidence interval estimate that has...
A manager wishes to estimate a population mean using a 99​% confidence interval estimate that has a margin of error of plus or minus±48.0 If the population standard deviation is thought to be 630​, what is the required sample​ size? The sample size must be at least?
Given a sample size 18 with a 99% confidence interval for the mean μ, and a...
Given a sample size 18 with a 99% confidence interval for the mean μ, and a known standard deviation (26.64, 33.25), calculate the 95% confidence interval for μ.
The value of tα/2 when determine the 99% confidence interval for µ when the sample standard...
The value of tα/2 when determine the 99% confidence interval for µ when the sample standard deviation of the population is unknown and a sample size of 35 was taken from a normally distribution random variable
7. What is the minimum sample size needed to ensure a survey to create a confidence...
7. What is the minimum sample size needed to ensure a survey to create a confidence interval estimate of a population proportion has a margin of error no larger than 0.09 at the 98% confidence level?
Calculate the 99% confidence interval for the difference (mu1-mu2) of two population means given the following...
Calculate the 99% confidence interval for the difference (mu1-mu2) of two population means given the following sampling results. Population 1: sample size = 12, sample mean = 20.36, sample standard deviation = 0.57. Population 2: sample size = 7, sample mean = 16.32, sample standard deviation = 0.85.
Calculate the 99% confidence interval for the difference (mu1-mu2) of two population means given the following...
Calculate the 99% confidence interval for the difference (mu1-mu2) of two population means given the following sampling results. Population 1: sample size = 9, sample mean = 14.42, sample standard deviation = 0.47. Population 2: sample size = 14, sample mean = 10.78, sample standard deviation = 1.69.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT