Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 9 - Review - Test - Page 473: 8d

Answer

$n=3007$

Work Step by Step

$level~of~confidence=(1-α).100$% $90$% $=(1-α).100$% $0.90=1-α$ $α=0.1$ $z_{\frac{α}{2}}=z_{0.05}$ If the area of the standard normal curve to the right of $z_{0.05}$ is 0.05, then the area of the standard normal curve to the left of $z_{0.05}$ is $1−0.05=0.95$ According to Table V, there are 2 z-scores which give the closest value to 0.95: 1.64 and 1.65. So, let's find the mean of these z-scores: $\frac{1.64+1.65}{2}=1.645$ Now, the sample size: $E=0.015$ (within 1.5 percentage points) $z_{\frac{α}{2}}=z_{0.05}=1.645$ $n=0.25(\frac{z_{\frac{α}{2}}}{E})^2$ $n=0.25(\frac{1.645}{0.015})^2$ $n=3006.69$ Round up: $n=3007$
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