How large of a sample would be required in order to estimate
How large of a sample would be required in order to estimate the mean number at a 80% confirdence level with an error at most 0.11?
Mean: 7.9
Variance: 1.44
Solution
How large of a sample would be required in order to estimate the mean number at a 80% confirdence level with an error at most 0.11?
Mean: 7.9
Variance: 1.44
For 80%, z=1.282
d=0.11
s2 =1.44
Sample size = (z2*s2)/d2
= (1.2822 *1.44)/0.112
=195.59
The sample size required= 196
