In: Statistics and Probability
5. The length of needles produced by a machine has standard deviation of 0.02 inches. Assuming that the distribution is normal, how large a sample is needed to determine with a precision of ±0.006 inches the mean length of the produced needles to 98% confidence?
Solution :
Given that,
standard deviation =s = =0.02
Margin of error = E = 0.006
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 ( Using z table )
sample size = n = [Z/2* / E] 2
n = ( 2.326*0.02 / 0.006 )2
n =60.11
Sample size = n =60
SOME TIME ANSWER SAYS 61 BUT ACCUARATE ANSWER IS 60