A research firm wants to compute an interval estimate with 90% confidence for the mean time to complete an employment test. Assuming a population standard deviation of three hours, what is the required sample size if the error should be less than a half hour? Select one: a. 196 b. 98 c. 10 d. 16

Respuesta :

Answer:

b. 98

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].

So it is z with a pvalue of [tex]1-0.05 = 0.95[/tex], so [tex]z = 1.645[/tex]

Now, find 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.

In this problem, we have that:

[tex]M = 0.5, \sigma = 3[/tex]

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

[tex]0.5 = 1.645*\frac{3}{\sqrt{n}}[/tex]

[tex]0.5\sqrt{n} = 4.935[/tex]

[tex]\sqrt{n} = 9.87[/tex]

[tex]n = 97.42[/tex]

So a sample of at least 98 is required.

The correct answer is:

b. 98