Homework assistance for accounting students. Refer to the

Chapter 8, Problem 66E

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QUESTION:

Homework assistance for accounting students. Refer to the Journal of Accounting Education (Vol. 25, 2007) study of providing homework assistance to accounting students, Exercise 8.18 (p. 435). Recall that one group of students was given a completed homework solution and another group was given only check figures at various steps of the solution. The researchers wanted to compare the average test score improvement of the two groups. How many students should be sampled in each group to estimate the difference in the averages to within .5 point with 99% confidence? Assume that the standard deviations of the test score improvements for the two groups are approximately equal to 1.

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QUESTION:

Homework assistance for accounting students. Refer to the Journal of Accounting Education (Vol. 25, 2007) study of providing homework assistance to accounting students, Exercise 8.18 (p. 435). Recall that one group of students was given a completed homework solution and another group was given only check figures at various steps of the solution. The researchers wanted to compare the average test score improvement of the two groups. How many students should be sampled in each group to estimate the difference in the averages to within .5 point with 99% confidence? Assume that the standard deviations of the test score improvements for the two groups are approximately equal to 1.

ANSWER:

Step 1 of 2

Here we have informed that the difference between the averages of the two groups,

 are within 0.5 with 99% con?dence.

Also we assumed that the population standard deviations are approximately equal to

.

That means we have ME = 0.5 and

     

Thus

       

                         = 2.58

Also we assumed that .

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