A population has standard deviation o=17.5.
Part 1 of 2
(a) How large a sample must be drawn so that a 99.9% confidence interval for u will have a margin of error equal to 4.1? Round the answer up to the nearest integer. (Round the critical value to no less than three decimal places.) A sample size of is needed to be drawn in order to obtain a 99.9% confidence interval with a margin of error equal to 4.1.
Part 2 of 2
(b) If the required confidence level were 95%, would the necessary sample size be larger or smaller? (Choose one) V , because the confidence level is (Choose one) V .

Respuesta :

Answer:

a) A sample of 198 must be drawn.

b) Smaller, because the confidence level is smaller.

Step-by-step explanation:

Question a:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.999}{2} = 0.0005[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.0005 = 0.9995[/tex], so Z = 3.291.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

How large a sample must be drawn so that a 99.9% confidence interval for u will have a margin of error equal to 4.1?

This is n for which M = 4.1. So

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

[tex]4.1 = 3.291\frac{17.5}{\sqrt{n}}[/tex]

[tex]4.1\sqrt{n} = 3.291*17.5[/tex]

[tex]\sqrt{n} = \frac{3.291*17.5}{4.1}[/tex]

[tex](\sqrt{n})^2 = (\frac{3.291*17.5}{4.1})^2[/tex]

[tex]n = 197.3[/tex]

Rounding up:

A sample of 198 must be drawn.

(b) If the required confidence level were 95%, would the necessary sample size be larger or smaller?

We have that:

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

Solving for n

[tex]\sqrt{n} = \frac{z\sigma}{M}[/tex]

That is, n and z are directly proportion, meaning that a higher value of z(higher confidence level) leads to a higher sample size needed.

95% < 99.9%, so a smaller confidence interval.

Smaller, because the confidence level is smaller.