73 Suppose you wish to estimate a population mean correct to within .15 with a confidence level...

Question:

73 Suppose you wish to estimate a population mean correct to within .15 with a confidence level of .90. You do not know s2, but you know that the observations will range in value between 31 and 39.

a. Find the approximate sample size that will produce the desired accuracy of the estimate. You wish to be conservative to ensure that the sample size will be ample for achieving the desired accuracy of the estimate.

[ Hint: Using your knowledge of data variation , assume that the range of the observations will equal 4s. ]

b. Calculate the approximate sample size, making the less conservative assumption that the range of the observations is equal to 6s.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics

ISBN: 9781292022659

12th International Edition

Authors: James T Mcclave, Terry Sincich

Question Posted: