In: Statistics and Probability
The number of orders that come into a mail-order sales office each month is normally distributed with a population mean of 298 and a population standard deviation of 15.4. For a particular sample size, the probability is 0.2 that the sample mean exceeds 300. How big must the sample be?
P(z<Z) table :
SD sample = SD/(n^0.5)
= 15.4/(n^0.5)
P(x>300) = 0.2
P(x<300) = 0.8
P(z<Z) = 0.8
Z from table : Z = 0.84
0.84 = (x-mean)/SD
= (300-298)/(SD sample)
SD sample = (300-298)/0.84 = 2.38
15.4/(n^0.5) = 2.38
n = (15.4/2.38)^2 = 41.87
n = 42 {rounded to integer}
the sampl size must be 42
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