For a population data set, σ = 14.30.
a. What should the sample size be for a 98% confidence interval for μ to have a margin of error of estimate equal to 5.10?
n =
b. What should the sample size be for a 95% confidence interval for μ to have a margin of error of estimate equal to 4.69?
n =
aSol)
S.D = 14.30
Margin of error ( E ) = 5.10
98% confidence interval
Alpha = 1 - 0.98 = 0.02
Alpha / 2 = 0.02 / 2 = 0.01
Z value for alpha / 2 = 0.01 is 2.33
n = (( Z * S.D ) / E ) ^ 2
= (( 2.33 * 14.30 )/ 5.10 ) ^ 2
= ( 6.53313 ) ^ 2
= 42.682
= 43
bsol)
S.D = 14.30
E = 4.69
95% confidence
Alpha = 1 - 0.95 = 0.05
Alpha / 2 = 0.05 / 2 = 0.025
Z value for alpha / 2 = 0.025 is 1.96
n = (( Z * S.D ) / E ) ^ 2
= (( 1.96 * 14.30 ) / 4.69 ) ^ 2
= ( 5.97611 ) ^ 2
= 35.714
= 36
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