We want to obtain a sample to estimate a population mean. Based on previous evidence, researchers believe the population standard deviation is approximately $\sigma = 77.7$. We would like to be 99.5\% confident that the estimate is within 0.1 of the true population mean. How large of a sample size is required?
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5% confidence level. To find the critical value, we can use a z-table or a calculator. For a 99.5% confidence level, the critical value is approximately 2.807. Show moreā¦
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Adi S.
We want to obtain a sample to estimate a population mean. Based on previous evidence, researchers believe the population standard deviation is approximately 51.1 . We would like to be 99.5% confident that the estimate is within 2.5 of the true population mean. How large of a sample size is required?
Sanchit J.
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