Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A population has standard deviation a 17.5. Part 1 of 2 (a) How large a sample must be drawn so that a 99.8% confidence
A population has standard deviation a 17.5. Part 1 of 2 (a) How large a sample must be drawn so that a 99.8% confidence interval for u will have a margin of error equal to 4.5? Round the critical value to no less than three decimal places. Round the sample size up to the nearest integer. A sample size of is needed to be drawn in order to obtain a 99.8% confidence interval with a margin of error equal to 4.5. Part 2 of 2 (b) If the required confidence level were 90%, would the necessary sample size be larger or smaller? Smaller , because the confidence level is lower
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Part 1 a To find the required sample size we need to use the formula n Z2 2 E2 where ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started