A population is estimated to have a standard deviation of 12

A population is estimated to have a standard deviation of 12. We want to estimate the population mean within 2, with a 95 percent level of confidence.

A population is estimated to have a standard deviation of 12. We want to estimate the population mean within 2, with a 95 percent level of confidence.

Solution

Given a=1-0.95=0.05, Z(0.025) = 1.96 (from standard normal table)

So n=(Z*s/E)^2

=(1.96*12/2)^2

=138.2976

Take n=139

A population is estimated to have a standard deviation of 12. We want to estimate the population mean within 2, with a 95 percent level of confidence. A populat

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