Scores on a Statistics Final Exam are normally distributed. Using a 95% confidence level, find the sample size necessary to predict the population mean within 3 points. Assume the population standard deviation is 8 points.
Solution :
Given that,
standard deviation =s =
=8
Margin of error = E = 3
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2
= Z0.025 = 1.96
sample size = n = [Z/2*
/ E] 2
n = ( 1.96* 8 /3 )2
n =27
Sample size = n =27
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