In 2004 the estimated average housing space per person (in square feet) was 521 in country A but only 501 in country B. Suppose a team of economists and sociologists from an organization plans to reestimate the difference in the mean housing space per person for workers in country A and country B using a 95% confidence interval with a sampling error of 3 square feet. Find the sample sizes required to obtain such an estimate. Assume equal sample sizes of σ2A=σ2B=49.
The sample sizes should be n 1=n 2
(Round up to the nearest integer as needed.)
At 95% confidence interval the critical value is z* = 1.96
Margin of error = 3
or, z* * = 3
or, 1.96 * sqrt(49/n1 + 49/n1) = 3
or, 1.96 * sqrt(98/n1) = 3
or, n1 = (1.96 * sqrt(98)/3)^2
or, n1 = 42
n1 = n2 = 42
In 2004 the estimated average housing space per person (in square feet) was 521 in country...