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
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