document.write( "Question 1192314: with sample size of 900 the standard error is 3 what should be sample size so that we would be 95$ confident that population mean is within 4 sample of mean?
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Algebra.Com's Answer #848969 by CPhill(2189) You can put this solution on YOUR website! **1. Determine the Z-score for 95% Confidence:**\r \n" ); document.write( "\n" ); document.write( "* For a 95% confidence level, the Z-score is 1.96.\r \n" ); document.write( "\n" ); document.write( "**2. Calculate the Standard Deviation:**\r \n" ); document.write( "\n" ); document.write( "* Standard Error (SE) = Standard Deviation (σ) / √(sample size) \n" ); document.write( "* 3 = σ / √900 \n" ); document.write( "* σ = 3 * √900 \n" ); document.write( "* σ = 3 * 30 \n" ); document.write( "* σ = 90\r \n" ); document.write( "\n" ); document.write( "**3. Determine the Required Sample Size:**\r \n" ); document.write( "\n" ); document.write( "* Margin of Error (E) = 4 \n" ); document.write( "* Z-score = 1.96 \n" ); document.write( "* Standard Deviation (σ) = 90\r \n" ); document.write( "\n" ); document.write( "* Formula: n = (Z-score * σ / E)² \n" ); document.write( "* n = (1.96 * 90 / 4)² \n" ); document.write( "* n = (44.1)² \n" ); document.write( "* n = 1944.81\r \n" ); document.write( "\n" ); document.write( "* **Round up to the nearest whole number:** n = 1945\r \n" ); document.write( "\n" ); document.write( "**Therefore, the required sample size to be 95% confident that the population mean is within 4 units of the sample mean is 1945.** \n" ); document.write( " \n" ); document.write( " |