The following information is provided,
Significance Level, α = 0.1, Margin or Error, E = 0.5, σ = 1.2
The critical value for significance level, α = 0.1 is 1.64.
The following formula is used to compute the minimum sample size
required to estimate the population mean μ within the required
margin of error:
n >= (zc *σ/E)^2
n = (1.64 * 1.2/0.5)^2
n = 15.49
Therefore, the sample size needed to satisfy the condition n
>= 15.49 and it must be an integer number, we conclude that the
minimum required sample size is n = 16
Ans : Sample size, n = 16
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