Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that the sample is a simple random sample obtained from a normally distributed population of IQ scores of statistics professors. Use the table below

Assume that the sample is a simple random sample obtained from a normally distributed population of IQ scores of statistics professors. Use the table below to find the minimum sample size needed to be 99% confident that the sample standard deviation s is within 50%of . Is this sample sizepractical?

sigma

To be95% confident that s is within

1%

5%

10%

20%

30%

40%

50%

of the value of sigma

, the sample size n should be at least

19,205

768

192

48

21

12

8

To be99% confident that s is within

1%

5%

10%

20%

30%

40%

50%

of the value of sigma

, the sample size n should be at least

33,218

1,336

336

85

38

22

14

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Engineering Mathematics

Authors: Erwin Kreyszig

10th edition

470458364, 470458365, 978-0470458365

More Books

Students also viewed these Mathematics questions