Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Mathematics (https://www.askmehelpdesk.com/forumdisplay.php?f=199)
-   -   Population Size (https://www.askmehelpdesk.com/showthread.php?t=11127)

  • Jul 19, 2005, 02:04 PM
    Mockingbird
    Population Size
    What is the minimum population size from which one can draw a random sample and have a 95% confidence level?
  • Jul 20, 2005, 04:39 PM
    reinsuranc
    95% confidence level
    I will rephrase your problem slightly.

    If we take n samples from a population that has the normal distribution with mean MU and standard deviation SIGMA, and calculate the sample mean XBAR from our sample, then what is the value for n so that the probability is 95% that XBAR will be close to MU?

    (XBAR - MU)/(SIGMA/SQUAREROOT(n)) = 1.96

    SQUAREROOT(n) = 1.96SIGMA/.95

    n = (1.96SIGMA/.95)^2

  • All times are GMT -7. The time now is 12:47 AM.