document.write( "Question 461188: Assume that a sample is drawn and z(α/2) = 1.65 and σ = 30. Answer the following questions:
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document.write( "(A)If the Maximum Error of Estimate is 0.05 for this sample, what would be the sample size?
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document.write( "(B)Given that the sample Size is 400 with this same z(α/2) and σ, what would be the Maximum Error of Estimate?
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document.write( "(C)What happens to the Maximum Error of Estimate as the sample size gets larger?
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document.write( " (D) What effect does the answer to C above have to the size of the confidence interval? \n" );
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Algebra.Com's Answer #316339 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Assume that a sample is drawn and z(α/2) = 1.65 and σ = 30. Answer the following questions: \n" ); document.write( "---- \n" ); document.write( "Note: n = [zs/E]^2 \n" ); document.write( "or \n" ); document.write( "E = zs/sqrt(n) \n" ); document.write( "========================= \r \n" ); document.write( "\n" ); document.write( "(A)If the Maximum Error of Estimate is 0.05 for this sample, what would be the sample size? \n" ); document.write( "n = [1.65*30/0.05]^2 \n" ); document.write( "===========================\r \n" ); document.write( "\n" ); document.write( "(B)Given that the sample Size is 400 with this same z(α/2) and σ, what would be the Maximum Error of Estimate? \n" ); document.write( "E = 1.65*30/sqrt(400) \n" ); document.write( "===========================\r \n" ); document.write( "\n" ); document.write( "(C)What happens to the Maximum Error of Estimate as the sample size gets larger? \n" ); document.write( "ME and n are inversely related so the ME would get smaller \n" ); document.write( "===========================\r \n" ); document.write( "\n" ); document.write( "(D) What effect does the answer to C above have to the size of the confidence interval? \n" ); document.write( "The confidence interval is ALWAYS 2*ME so the confidence interval \n" ); document.write( "would get smaller. \n" ); document.write( "========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |