Determine the sample size required to estimate a population mean to within 8 units given that the population standard deviation is 55. Use a confidence level of 95%. Sample Size = 0

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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**Determine the Sample Size Required**

To estimate a population mean within 8 units, given the following parameters:

- **Population Standard Deviation**: 55
- **Confidence Level**: 95%

Calculate the sample size needed.

**Formula**: 
The sample size (n) can be calculated using the following formula:
\[ n = \left( \frac{Z \times \sigma}{E} \right)^2 \]

Where:
- \( Z \) is the Z-value (Z-score) corresponding to the desired confidence level (for 95%, \( Z \approx 1.96 \))
- \( \sigma \) is the population standard deviation (55)
- \( E \) is the margin of error (8)

**Sample Size =** [Box for input]
Transcribed Image Text:**Determine the Sample Size Required** To estimate a population mean within 8 units, given the following parameters: - **Population Standard Deviation**: 55 - **Confidence Level**: 95% Calculate the sample size needed. **Formula**: The sample size (n) can be calculated using the following formula: \[ n = \left( \frac{Z \times \sigma}{E} \right)^2 \] Where: - \( Z \) is the Z-value (Z-score) corresponding to the desired confidence level (for 95%, \( Z \approx 1.96 \)) - \( \sigma \) is the population standard deviation (55) - \( E \) is the margin of error (8) **Sample Size =** [Box for input]
Expert Solution
Step 1: Information given is

Margin of error(E)=8

standard deviation(straight sigma)=55

confidence level=95%

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