SOLUTION: I am stuck on how to solve this. Use the given margin of error, confidence level, and population standard deviation σ to find the minimum sample size required to estimate an unk

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Question 1183927: I am stuck on how to solve this. Use the given margin of error, confidence level, and population standard deviation σ to find the minimum sample size required to estimate an unknown population mean μ.
1. Margin of error: 1 inch; confidence level: 90%; σ = 2.5 inches
2. Margin of error: 0.5 inches; confidence level: 90%; σ = 2.4 inches

Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
i usually calculate it this way.

the formula to use is z = (x - m) / s

z is the z-score
x is the raw score
m is the mean
s is the standard error.

if you want the margin of error to be equal to 1, then (x - m) must be equal to 1.

the formula becomes:

z = 1 / s

at 90% confidence level, the two tailed condidence interval will require a cr5iticql z-score of plus or minus 1.645.

i usually work with the positive z-score to find the sample size required.

the formula becomes 1.645 = 1 / s.

s is equal to the population standard deviation divided by the square root of the sample size.

you get:

s = 2.5 / sqrt(n), where n is the sample size.

the formula becomes:

1.645 = 1 / (2.5 / sqrt(n)).

since 1 / (2.5 / sqrt(n)) is equal to 1 / 2.5 * sqrt(n), the equation becomes:

1.645 = 1 / 2.5 * sqrt(n).

multiply both sides of this equaton by 2.5 to get:

1.645 * 2.5 = sqrt(n).

solve for sqrt(n) to get:

sqrt(n) = 4.1125.

solve for n to get:

n = 16.91265625.

that's your solution.

since s is equal to 2.5 / sqrt(n), then s is equal to 2.5 / 4.1125 which makes s = .607903 rounded to 6 decimal places.

this value of the standard error = s will give you the margin of error you desire.

this margin of error will be the same, regardless of what the mean is.

some samples are shown below:







you can see that the margin of error is plus or minus 1 regardless of what the mean is.

for your second problem, i did the same thing.

critical z was still 1.645 because the confidence level was still 90%.

the margin of eror desired is not plus or minus .5.

the population standard deviation is now 2.4, rather than 2.5

the z-score formula ia still z = (x - m) / s

z is the z-score
x is the raw score
m is the mean
s is the standard error.

if you want a margin of error of .5, then (x - m) must be equal to .5.

the formula becomes:

1.645 = .5 / s

multiply both sides of the formula by s to get:

1.645 * s = .5

since s = 2.4 / sqrt(n), the formula becomes:

1.645 * 2.4 / sqrt(n) = .5

solve for sqrt(n) to get:

sqrtn) = 1.645 * 2.4 / .5

this makes sqrt(n) = 7.896

solve for n to get:

n = 7.896^2 = 62.346816.

when sqrt(n) = 7.896, then s = 2.4 / 7.896 = .3039513 rounded to 6 decimal places.

this is the standard error that will give you a margin of error of plus or minus .5 regardless of what the mean is.

some samples are shown below.







i believe you can generalize the formula as shown below.

the z-score formula is z = (x - m) / s

when (x - m) is the MOE, the formula becdomes:

z = MOE / s

multiply both sides of the formula by s to get:

z * s = MOE.

since s = population standard deviation / sqrt(n), the formula becomes:

z * population standard deviation / sqrt(n) = MOE.

solve for sqrt(n) to get:

sqrt(n) = z * population standard deviation / MOE.

let's see if this works.

when z = 1.645 and MOE = 1 and population standard deviation = 2.5, the formula becomes:

sqrt(n) = 1.645 * 2.5 / 1 = 4.1125.

this agrees with what we got before.

when z = 1.645 and MOE = .5 and population standard deviation = 2.4, the formula becomes:

sqrt(n) = 1.645 * 2.4 / .5 = 7.896.

this also agrees with what we got before.

the z-score used is the critical z-score for the confidence level indicated.