Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and o= 11.3. Assume the population is normally distributed. A 95% confidence level requires a sample size of (Round up to the nearest whole number as needed.)

MATLAB: An Introduction with Applications
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**Topic 6.1.47: Sample Size Determination**

**Objective:** Determine the minimum sample size required to achieve a specified confidence interval for a sample mean.

**Problem Statement:**

Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean. Assume the population has a standard deviation (\(\sigma\)) of 11.3 and is normally distributed.

**Task:**

Calculate the required sample size for a 95% confidence level.

**Instructions:**

- Round up to the nearest whole number as needed. 

_Note: The problem is purely textual and has no accompanying graphs or diagrams._
Transcribed Image Text:**Topic 6.1.47: Sample Size Determination** **Objective:** Determine the minimum sample size required to achieve a specified confidence interval for a sample mean. **Problem Statement:** Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean. Assume the population has a standard deviation (\(\sigma\)) of 11.3 and is normally distributed. **Task:** Calculate the required sample size for a 95% confidence level. **Instructions:** - Round up to the nearest whole number as needed. _Note: The problem is purely textual and has no accompanying graphs or diagrams._
Expert Solution
Step 1

The sample size of a population is calculated as follows,

                                    E = zα/2 × σn

Where,

                               E = Margin of errorzα/2  = z score σ = Standard deviation n = Sample size

 

Step 2

To find the sample size at 95% confidence interval as follows,

σ = 11.3α = 1 - 95% = 1 -0.95 = 0.05α2 = 0.052 = 0.025zα/2 = z0.025 = 1.96 (from z table)E = 1

Substituting the values in following equation,

n = zα/2 × σE2= 1.96×11.312= 490.5n = 491

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