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Answer:
The minimum sample needed to provide a margin of error of 3 or less is 52.
Step-by-step explanation:
The confidence interval for population mean (μ) is:
[tex]\bar x\pm z_{\alpha /2}\frac{\sigma}{\sqrt{n}}[/tex]
The margin of error is:
[tex]MOE= z_{\alpha /2}\frac{\sigma}{\sqrt{n}}[/tex]
Given:
MOE = 3
σ = 11
The critical value for 95% confidence interval is: [tex]z_{\alpha /2}=1.96[/tex]
**Use the z-table for critical values.
Compute the sample size (n) as follows:
[tex]MOE= z_{\alpha /2}\frac{\sigma}{\sqrt{n}}\\3=1.96\times \frac{11}{\sqrt{n}}\\n=(\frac{1.96\times11}{3} )^{2}\\=51.65\\\approx52[/tex]
Thus, the minimum sample needed to provide a margin of error of 3 or less is 52.
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The sample size needed to provide a margin of error of 3 or less with a 95% confidence to estimate the population mean is 52
What is the margin of error for large samples?
Suppose that we have:
- Sample size n > 30
- Sample standard deviation = s
- Population standard deviation = [tex]\sigma[/tex]
- Level of significance = [tex]\alpha[/tex]
Then the margin of error(MOE) is obtained as
- Case 1: Population standard deviation is known
Margin of Error = [tex]MOE = Z_{\alpha/2}\dfrac{\sigma}{\sqrt{n}}[/tex]
- Case 2: Population standard deviation is unknown
[tex]MOE = Z_{\alpha/2}\dfrac{s}{\sqrt{n}}[/tex]
where [tex]Z_{\alpha/2}[/tex] is critical value of the test statistic at level of significance
For the considered case, we have:
- [tex]\sigma = 11[/tex]
- MOE ≤ 3
- Confidence level = 95%
- Level of significance = α = 100% - 95% = 5% = 0.05
- At this level of significance, for two tailed distribution(assuming values can be here both above and below mean, so not restricted on one side), the critical value is [tex]Z_{0.05/2} = \pm 1.96[/tex]
Let the sample size needed be n, then:
[tex]MOE = Z_{\alpha/2}\dfrac{\sigma}{\sqrt{n}} \leq 3\\\\\pm 1.96 \times \dfrac{11}{\sqrt{n}} \leq 3\\\\n \geq (\dfrac{\pm 1.96 \times 11}{3})^2 \approx 51.65 \\\\n \geq 52[/tex]
Thus, the sample size needed to provide a margin of error of 3 or less with a 95% confidence to estimate the population mean is 52
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