Math Problem Statement
Solution
To solve this problem, we need to determine the required sample size to estimate a population mean with a specified confidence level and margin of error. Here’s the step-by-step solution:
Step-by-Step Solution
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Given Data:
- Population standard deviation () = 45.1
- Desired margin of error (E) = 0.2
- Confidence level = 95%
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Determine the Critical Value (Z-score): For a 95% confidence level, the critical Z-score (Z) is typically 1.960. This value corresponds to the 95% confidence interval in a standard normal distribution.
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Use the Sample Size Formula: The formula to determine the sample size for estimating a population mean is:
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Plug in the Values: Substituting the values we have:
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Calculate the Result:
- First, calculate the numerator: .
- Then divide by the margin of error: .
- Finally, square this value: .
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Round Up to the Nearest Whole Number: Since sample size must be a whole number, round up to ensure the desired confidence level and precision:
Answer:
The required sample size is 195345.
Would you like more details on any of the steps, or have any other questions?
Related Questions:
- How would the required sample size change if the margin of error were reduced to 0.1?
- What is the effect of increasing the confidence level on the sample size?
- How is the Z-score selected for different confidence levels?
- Can this formula be used if the population standard deviation is unknown?
- How would you calculate the sample size if the population distribution is not normal?
Tip:
Remember that increasing the desired confidence level or decreasing the margin of error will both increase the required sample size, as greater precision requires more data.
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Math Problem Analysis
Mathematical Concepts
Statistics
Population Mean Estimation
Sample Size Calculation
Formulas
Sample size formula: n = (Z * σ / E)^2
Theorems
Central Limit Theorem
Suitable Grade Level
College Level
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