In: Statistics and Probability
Scenario:
Question:
3. Using the scenario from question 1, how many states would need to be selected to be 90% confident that the sample mean number of cases would be within 500 of the actual mean?
Solution :
Given that,
1) Point estimate = sample mean = = 939
sample standard deviation = s = 1543
sample size = n = 10
Degrees of freedom = df = n - 1 = 10 - 1 = 9
At 90% confidence level
= 1 - 90%
=1 - 0.90 =0.10
/2
= 0.05
t/2,df
= t0.05,9 = 1.833
Margin of error = E = t/2,df * (s /n)
= 1.833 * ( 1543 / 10)
Margin of error = E = 894.39
The 90% confidence interval estimate of the population mean is,
± E
= 939 ± 894.39
= ( 44.61, 1833.39 )
2) Margin of error = E = 500
sample size = n = [t/2,df * s / E] 2
n = [1.833 * 1543 / 500]2
n = 31.99
Sample size = n = 32