timate the minimum sample size needed to achieve the margin of error E = 0.136 for a 95% confidence interval. he minimum sample size is (Round up to the nearest integer.)
timate the minimum sample size needed to achieve the margin of error E = 0.136 for a 95% confidence interval. he minimum sample size is (Round up to the nearest integer.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question

Transcribed Image Text:**Estimate Sample Size for Confidence Interval**
**Objective:**
Estimate the minimum sample size needed to achieve a prescribed margin of error.
**Parameters:**
- Margin of Error (E): 0.136
- Confidence Level: 95%
**Calculation:**
To determine the minimum sample size, enter the necessary calculations to meet the confidence interval criteria. Ensure your answer is rounded up to the nearest integer.
**Instructions:**
- Use statistical formulas appropriate for calculating sample size based on the given margin of error and confidence level.
- Input the result in the provided space, ensuring rounding is applied correctly.
Expert Solution

Step 1
Given
E=0.136, level of significance ɑ=0.05, p=0.5
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