SOLUTION: Determine the min. sample size needed to be 94% confident that the sample mean we get is within 1/4 inch of the true mean. n=33, mean=69.606, s= 3.010

Algebra ->  Statistics  -> Confidence-intervals -> SOLUTION: Determine the min. sample size needed to be 94% confident that the sample mean we get is within 1/4 inch of the true mean. n=33, mean=69.606, s= 3.010      Log On


   



Question 1039813: Determine the min. sample size needed to be 94% confident that the sample mean we get is within 1/4 inch of the true mean.
n=33, mean=69.606, s= 3.010

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Determine the min. sample size needed to be 94% confident that the sample mean we get is within 1/4 inch of the true mean.
n=33, mean=69.606, s= 3.010
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Since E = z*s/sqrt(n)
n = [z*s/E]^2
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Note:: z = -invNorm(0.03) = 1.8808
n = [1.8808*3.01/(1/4)]^2 = 513 when rounded up
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Cheers,
Stan H.
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