Use the margin of error, confidence level, and standard deviation o to find the minimum sample size required to estimate an unknown population mean u. Margin of error: $120, confidence level: 95%, o = $546 70 04 80 2.
Use the margin of error, confidence level, and standard deviation o to find the minimum sample size required to estimate an unknown population mean u. Margin of error: $120, confidence level: 95%, o = $546 70 04 80 2.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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**Question 8**
Use the margin of error, confidence level, and standard deviation \( \sigma \) to find the minimum sample size required to estimate an unknown population mean \( \mu \).
- Margin of error: $120
- Confidence level: 95%
- \( \sigma = $546 \)
Options:
- ○ 70
- ○ 4
- ○ 2
- ○ 80
---
This text provides the context for a question related to statistics, specifically sample size calculation using given statistical parameters. The problem is centered around understanding how to apply the margin of error, confidence level, and standard deviation to compute the necessary sample size for estimating an unknown population mean. The task requires analytical skills in interpreting statistical data and formulas."
Transcribed Image Text:---
**Question 8**
Use the margin of error, confidence level, and standard deviation \( \sigma \) to find the minimum sample size required to estimate an unknown population mean \( \mu \).
- Margin of error: $120
- Confidence level: 95%
- \( \sigma = $546 \)
Options:
- ○ 70
- ○ 4
- ○ 2
- ○ 80
---
This text provides the context for a question related to statistics, specifically sample size calculation using given statistical parameters. The problem is centered around understanding how to apply the margin of error, confidence level, and standard deviation to compute the necessary sample size for estimating an unknown population mean. The task requires analytical skills in interpreting statistical data and formulas.
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