Suppose a sample of size n is to be drawn from a normal dist
Suppose a sample of size n is to be drawn from a normal distribution where standard deviation is know to be 14.3. How large does n have to be to guarentee that the length of the 95% interval for Mu will be less than 3.06?
Solution
If the length is less than 3.06, then the margin of error is less than 3.06/2 = 1.53.
Note that
n = z(alpha/2)^2 s^2 / E^2
where
alpha/2 = (1 - confidence level)/2 = 0.025
Using a table/technology,
z(alpha/2) = 1.959963985
Also,
s = sample standard deviation = 14.3
E = margin of error = 1.53
Thus,
n = 335.571752
Rounding up,
n = 336
