In: Statistics and Probability
(a) How large a sample must be drawn so that a 98% confidence interval for μ will have a margin of error equal to 3.8? Round the critical value to no less than three decimal places. Round the sample size up to the nearest integer.
A sample size of __?is needed to be drawn in order to obtain a 98% confidence interval with a margin of error equal to 3.8.
(b) If the required confidence level were 99.5%, would the necessary sample size be larger or smaller?
(larger OR smaller) , because the confidence level is (higher OR lower) . |
Solution :
here standard deviation is not given iam assuming the standard deviation here.
Given,
a ) standard deviation = = 17.5 , Zc = Z0.05 = +/- 2.328
margin of error = E = 3.8
At 98% confidence level the z is ,
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
Z/2 = Z0.01 = 2.326
Sample size = n = ((Z/2 * ) / E)2
= ((2.326 * 17.5) / 3.8)2
= 114.74
115
Sample size = 115
A sample size of _115_is needed to be drawn in order to obtain a 98% confidence interval with a margin of error equal to 3.8.
b)
(b) if the required confidence level were 99% would the neccessary sample size be larger or smaller
=> larger , because the confidence level is Higher .
explanation:-
=> here confidence interval is 99.5 %
99.5 % confidence for z is 2.807
Zc = Z0.005 = 2.807
n = ((2.807 * 17.5) / 3.8)2
= 167.10
167
Sample size be larger because the confidence level is Higher
NOTE:: I HOPE THIS ANSWER IS HELPFULL TO YOU......**PLEASE SUPPORT ME WITH YOUR RATING......
**PLEASE GIVE ME "LIKE".....ITS VERY IMPORTANT FOR,ME......PLEASE SUPPORT ME .......THANK YOU