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
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Sample Size Calculation
Formulas
n = (Z_{α/2} * σ / E)^2
Theorems
Central Limit Theorem
Z-Distribution
Suitable Grade Level
College level (Statistics or Advanced High School Statistics)
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