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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\n" ); 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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\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?
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\n" ); document.write( "(C)What happens to the Maximum Error of Estimate as the sample size gets larger?
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\n" ); document.write( " (D) What effect does the answer to C above have to the size of the confidence interval?
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Algebra.Com's Answer #316339 by stanbon(75887)\"\" \"About 
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:
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\n" ); document.write( "Note: n = [zs/E]^2
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\n" ); document.write( "E = zs/sqrt(n)
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\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
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\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)
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\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
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\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.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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