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If you wish to estimate a population mean with a margin of
Chapter 6, Problem 60E(choose chapter or problem)
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