The Highway Safety Department wants to study the driving habits of individuals. A sample of 49 cars traveling on a particular stretch of highway revealed an average speed of 69.7 miles per hour with a standard deviation of 4.8 miles per hour. Round to 4 decimal places.
1. What sample size is needed to estimate the true average speed to within 2 mph at 99% confidence? Note: For consistency's sake, round your t* value to 3 decimal places before calculating the necessary sample size. Choose n =
Given that,
standard deviation = s = 4.8 mph
margin of error = E = 2 mph
n = 49
Degrees of freedom = df = n - 1 = 49 - 1 = 48
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01/ 2 = 0.005
t /2,df = t0.005,48 = 2.682
Sample size = n = [(t /2,df * s) / E]2
= [(2.682*4.8) /2 ]2
= 41.4324
Sample size = 41.4324
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