Suppose that a researcher is interested in estimating the mean systolic blood pressure,u, of executives of major corporations. He plans to use the blood pressures of a random sample of executives of major corporations to estimate u. Assuming that the standard deviation of the population of systolic blood pressures of executives of major corporations is 25 mm Hg, what is the minimum sample size needed for the researcher to be 90% confident that his estimate is within 5 mm Hg of u?

Respuesta :

Answer:

The minimum sample size needed is 68.

Step-by-step explanation:

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 - 0.9}{2} = 0.05[/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 - 0.05 = 0.95[/tex], so Z = 1.645.

Now, find the margin of error M as such

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

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

Assuming that the standard deviation of the population of systolic blood pressures of executives of major corporations is 25 mm Hg.

This means that [tex]\sigma = 25[/tex]

What is the minimum sample size needed for the researcher to be 90% confident that his estimate is within 5 mm Hg of u?

This minimum sample size is n.

n is found when M = 5. So

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

[tex]5 = 1.645\frac{25}{\sqrt{n}}[/tex]

[tex]5\sqrt{n} = 1.645*25[/tex]

Dividing both sides by 5

[tex]\sqrt{n} = 1.645*5[/tex]

[tex](\sqrt{n})^2 = (1.645*5)^2[/tex]

[tex]n = 67.65[/tex]

Rounding up:

The minimum sample size needed is 68.