In: Statistics and Probability
Determine the sample size n needed to construct a 90% confidence interval to estimate the population mean when sigma equals 67 and the margin of error equals 10.
n=???????
Solution :
Given that,
standard deviation = =67
Margin of error = E = 10
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table ( see the 0.05 value in standard
normal (z) table corresponding z value is 1.645 )
sample size = n = [Z/2* / E] 2
n = ( 1.645 * 67 / 10 )2
n =121.47
Sample size = n =122