You plan to take a random sample from a population of 500 items and build a 95% confidence interval estimate of the population mean. You want a margin of error no bigger than plus/minus 5. You estimate the population standard deviation to be 100. How large a sample is needed?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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You plan to take a random sample from a population of 500 items and build a 95% confidence interval estimate of the population mean. You want a margin of error no bigger than plus/minus 5. You estimate the population standard deviation to be 100. How large a sample is needed? 

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