Question

In: Statistics and Probability

To obtain the minimum sample size necessary to make an accurate estimate, the following information is...

To obtain the minimum sample size necessary to make an accurate estimate, the following information is needed: the population standard deviation must be known, the level of confidence, and the maximum error of estimate, E, must be stated. Question 4 options:

Solutions

Expert Solution

As no data is given in the question, so I will just illustrate an example ton show how to determine the minimum sample size.

Where n is the required sample size...

Refer the Z table given below in order to understand how the Z value in this case is calculated...

End of the Solution...


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