Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and o = 16.6. Assume the population is normally distributed.
Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and o = 16.6. Assume the population is normally distributed.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Step 1
The sample size can be calculated as:
Here,
z = desired confidence level
E = The allowable margin of error ( sampling error)
σ = Population standard deviation
At a 95% confidence level, the z value is 1.96 which can be obtained by using the standard normal table.
Given:
z = 1.96 = The value at 95% confidence level
E = 1
σ = 16.6
Substitute the given values in the above-mentioned formula as follows:
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