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What is the minimum sample size required to estimate a population mean with 90% confidence if...

What is the minimum sample size required to estimate a population mean with 90% confidence if the population standard deviation is estimated to be 30 and the desired margin of error is 2?

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Answer #1

Solution :

Given that,

standard deviation = \sigma = 30

margin of error = E = 2

At 90% confidence level the z is ,

\alpha = 1 - 90% = 1 - 0.90 = 0.10

\alpha / 2 = 0.10 / 2 = 0.05

Z\alpha/2 = Z0.05 = 1.645

Sample size = n = ((Z\alpha/2 * \sigma ) / E)2

= ((1.645 * 30) / 2 )2

= 609

Sample size = 609

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