Math Problem Statement

An educational researcher is interested in estimating the average GPA of all UCF students. The GPA is collected from 150 random students. A 98% confidence interval for µ is: (2.71, 3.01). The researcher wants to reduce the margin of error to 0.1. How many students should be sampled to be 98% confident that the true mean is within 0.1 of the sample mean? Assume the standard deviation is 0.78.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals

Formulas

Margin of Error formula
Z-score formula

Theorems

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Suitable Grade Level

Advanced College