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?
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
Get Answers For Free
Most questions answered within 1 hours.