If a researcher wants to compute a 94% confidence interval from a population with a known standard deviation of 8 units and have a margin of error of no more than 2 units, what is the smallest sample size that can be used?
The following information has been provided:
α=0.06,E=2,σ=8
The critical value for the significance level α=0.06 is zc=1.88. The following formula is used to compute the minimum sample size required to estimate the population mean μ within the required margin of error:
Therefore, the sample size needed to satisfy the condition , and it must be an integer number, we conclude that the minimum required sample size is
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