Math Problem Statement

An advertising executive wants to estimate the mean weekly amount of time consumers spend watching traditional television daily. Based on previous​ studies, the standard deviation is assumed to be 21 minutes. The executive wants to​ estimate, with​ 99% confidence, the mean weekly amount of time to within ± 5 minutes.

a. What sample size is​ needed?

a. The sample size required for​ 99% confidence is

enter your response here

​(Round up to the nearest​ integer.)

Solution

To determine the required sample size for estimating the mean weekly amount of time spent watching traditional television with 99% confidence and within ± 5 minutes, we use the following formula for sample size estimation when the population standard deviation σ\sigma is known:

n=(Zα/2σE)2n = \left( \frac{Z_{\alpha/2} \cdot \sigma}{E} \right)^2

Where:

  • Zα/2Z_{\alpha/2} is the z-score corresponding to the 99% confidence level,
  • σ=21\sigma = 21 minutes is the population standard deviation,
  • E=5E = 5 minutes is the margin of error.

Step 1: Find the z-score

For a 99% confidence level, α=10.99=0.01\alpha = 1 - 0.99 = 0.01, so α/2=0.005\alpha/2 = 0.005. The z-score for 99% confidence is approximately Zα/2=2.576Z_{\alpha/2} = 2.576.

Step 2: Plug in the values

Now substitute the known values into the formula:

n=(2.576215)2n = \left( \frac{2.576 \cdot 21}{5} \right)^2

Let's calculate this.

The required sample size for 99% confidence is 117.

Would you like further details or have any questions?

Here are some related questions to explore:

  1. How does the confidence level affect the sample size?
  2. What happens to the sample size if the margin of error is reduced to 3 minutes?
  3. How does changing the standard deviation impact the required sample size?
  4. What is the significance of the z-score in confidence interval estimation?
  5. How can you estimate the sample size if the standard deviation is unknown?

Tip: A higher confidence level results in a larger required sample size for the same margin of error.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Interval
Sample Size Estimation

Formulas

n = (Z * σ / E)^2

Theorems

Central Limit Theorem
Z-Score Calculation

Suitable Grade Level

College-Level Statistics