Math Problem Statement
Determine the sample size that is required to estimate a population mean wo within 0.4 units within a 99% confidence when the population standard deviation is 1.75.
Solution
To determine the required sample size to estimate a population mean with a specified margin of error , we can use the formula:
where:
- is the critical value from the standard normal distribution for a given confidence level,
- is the population standard deviation,
- is the desired margin of error.
Given values:
- Confidence level = 99%, so ,
- Population standard deviation ,
- Desired margin of error .
Solution
-
Substitute the values into the formula:
-
Calculate inside the parentheses:
-
Square the result:
-
Round up to ensure the margin of error condition is met, since sample size must be a whole number:
Conclusion
The required sample size is 128.
Would you like further details on confidence intervals or margin of error?
Here are some related questions to consider:
- How would the sample size change with a different confidence level, say 95%?
- What happens to the sample size if the margin of error requirement is tightened to 0.2?
- How is this calculation affected if the population standard deviation is unknown?
- How would increasing the sample size impact the margin of error for the same data?
- What are typical applications for calculating a sample size for population means?
Tip: In general, a higher confidence level or smaller margin of error requires a larger sample size.
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Math Problem Analysis
Mathematical Concepts
Statistics
Estimation
Confidence Intervals
Sample Size Determination
Formulas
Sample size formula: n = (Z_{α/2} * σ / E)^2
Theorems
Central Limit Theorem
Properties of Confidence Intervals
Suitable Grade Level
College Statistics or Advanced High School Statistics
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