Math Problem Statement

A sample is selected from a population. To be 90% confident that the error in the estimate of the population mean is not greater than 2, the sample size must be 50. what is the population standard deviation?

Solution

To find the population standard deviation (σ\sigma) given the confidence level, margin of error, and sample size, we can use the formula for the margin of error for estimating a population mean with a given confidence level:

E=z×σnE = z \times \frac{\sigma}{\sqrt{n}}

where:

  • EE is the margin of error (in this case, 2),
  • zz is the z-score corresponding to the 90% confidence level,
  • σ\sigma is the population standard deviation, and
  • nn is the sample size (in this case, 50).

Step 1: Determine the zz-score for 90% confidence

For a 90% confidence level, the zz-score is approximately 1.645.

Step 2: Substitute the values and solve for σ\sigma

2=1.645×σ502 = 1.645 \times \frac{\sigma}{\sqrt{50}}

Now, solve for σ\sigma:

  1. First, isolate σ\sigma: σ50=21.645\frac{\sigma}{\sqrt{50}} = \frac{2}{1.645}

  2. Calculate 21.645\frac{2}{1.645}: 21.6451.216\frac{2}{1.645} \approx 1.216

  3. Multiply both sides by 50\sqrt{50} to find σ\sigma: σ1.216×50\sigma \approx 1.216 \times \sqrt{50}

  4. Calculate 507.071\sqrt{50} \approx 7.071 and multiply: σ1.216×7.0718.6\sigma \approx 1.216 \times 7.071 \approx 8.6

Answer

The population standard deviation is approximately 8.68.6.

Would you like a further breakdown of the steps, or do you have any questions?

Related Questions

  1. How does changing the confidence level affect the sample size needed?
  2. What if the margin of error was reduced to 1.5 instead of 2? How would this affect the standard deviation?
  3. How do we determine the z-score for different confidence levels?
  4. What if we wanted 95% confidence instead of 90%—how would the calculations change?
  5. How would increasing the sample size impact the margin of error?

Tip

The z-score for any confidence level can be found using a standard normal distribution table or online calculator.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Margin of Error

Formulas

Margin of Error formula: E = z * (σ / √n)

Theorems

Central Limit Theorem (implicitly related to confidence intervals)

Suitable Grade Level

Undergraduate