In: Statistics and Probability
How much time per week do students spend on their assignments and review at home? A random sample of 36 USC (University of Southern California) students indicates that the mean time spent on studying at home is equal to 15.3 hours per week, with a population standard deviation equals to 3.8 hours. 1) Form a 95% CI estimate for the population mean time spent on studying at home. 2) What sample size is needed to be 90 % confident of being within only one third of the margin of error in 1).
Solution :
Given that,
1.
= 15.3
= 3.8
n = 36
A ) At 95% confidence level the z is ,
=
1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2
= Z0.025 = 1.960
Margin of error = E = Z/2*
(
/n)
= 1.960 * (3.8 /
36) = 1.241
At 95% confidence interval estimate of the population mean is,
- E <
<
+ E
15.3 - 1.241<
< 15.3 + 1.241
14.059<
< 16.541
(14.059 , 16.541):
2) standard deviation =
= 3.8
margin of error = E = 0.333
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2
= Z0.05 = 1.645
Sample size = n = ((Z/2
*
) / E)2
= ((1.645 * 3.8) / 0.333)2
= 352.38 = 352
Sample size = 352