In: Statistics and Probability
Determine the minimum sample size required when you want to be 90% confident that the sample mean is within one unit of the population mean and σ=10.8 Assume the population is normally distributed.
Find the critical value Tc for the confidence level c=0.80 and sample size n=19.
Solution :
Given that,
standard deviation =s = =10.8
Margin of error = E = 1
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 *10.8 / 1 )2
n =316
Sample size = n =316
B.
n=19
df=n-1=19-1=18
At 80% confidence level the t is
= 1 - 80% = 1 - 0.80 = 0.20
/ 2 = 0.20/ 2 = 0.10
t /2,df = t0.10,18 = 1.330 ( using student t table)