Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
a) 92% Confidence interval: (1027.5,1048.5)
b) Sample size = 100
What is Sample size?
The process of deciding how many observations or replicates to include in a statistical sample is known as sample size determination. Any empirical study with the aim of drawing conclusions about a population from a sample must take into account the sample size as a crucial component.
We are given the following in the question:
Sample mean, = 1038
Sample size, n = 25
Alpha, α = 0.08
Population standard deviation, σ = 30
a) 92% Confidence interval:
[tex]$\mu \pm z_{\text {critical }} \frac{\sigma}{\sqrt{n}}$[/tex]
Putting the values, we get,
[tex]$z_{\text {critical }}$[/tex] at [tex]$\alpha_{0.08}=\pm 1.75$[/tex]
[tex]$1038 \pm 1.75\left(\frac{30}{\sqrt{25}}\right)=1038 \pm 10.5=(1027.5,1048.5)$[/tex]
b) In order to reduce the confidence interval by half, we have to quadruple the sample size.
Thus,
Sample size [tex]$=25 \times 4=100$[/tex]
To learn more about Sample mean visit:https://brainly.com/question/14127076
#SPJ4
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.