suppose you want to estimate the population mean with 95% confidence with a margin of error of 2. if the estimate of the population standard deviation is 8, what sample size is required?



Answer :

If the estimate of the population standard deviation is 8, the sample size is 62

In this question, you want to estimate the population mean with 95% confidence with a margin of error of 2.

if the estimate of the population standard deviation is 8, we need to find the sample size.

here, α = (1 - 0.95)/2

         α = 0.025

Now, we have to find z in the Ztable as such z has a pvalue of 1 - α

so, z = 1.96

Now, to find the margin of error M we have formula

M = z * σ/√n

2 = 1.96 * 8/√n

√n = 1.96 * 4

√n = 7.84

n = 61.47

n ≈ 62

Therefore,  if the estimate of the population standard deviation is 8, the sample size is 62

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