If you wish to estimate a population mean with a margin of

Chapter 6, Problem 60E

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QUESTION:

If you wish to estimate a population mean with a margin of error of ME =.3 using a 95% confidence interval, and you know from prior sampling that \(\sigma^2\) is approximately equal to 7.2, how many observations would have to be included in your sample?

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QUESTION:

If you wish to estimate a population mean with a margin of error of ME =.3 using a 95% confidence interval, and you know from prior sampling that \(\sigma^2\) is approximately equal to 7.2, how many observations would have to be included in your sample?

ANSWER:

Answer

Step 1 of 1

We are asked to find the number of observations.

If you wish to estimate a population mean with a margin of error of ME =0.3.

Using a 95% confidence interval, and you know from prior sampling that  is approximately equal to 7.2.

Let be a large sample of size  from a population with mean  and standard deviation  

then a level  confidence interval for ( interval estimate)  is

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