Posted by Robin on Sunday, September 5, 2010 at 4:44pm.
A group of statistics students decided to conduct a survey at their university to find the average (mean) amount of time students spent studying per week. Assuming a standard deviation of 3 hours, what is the required sample size if the error should be less than ½ hour with a 99% level of confidence?

Statistics  MathGuru, Monday, September 6, 2010 at 7:04pm
Formula:
n = [(zvalue * sd)/E]^2
...where n = sample size, zvalue will be 2.58 using a ztable to represent the 99% confidence interval, sd = 3, E = 0.5, ^2 means squared, and * means to multiply.
Plug the values into the formula and finish the calculation. Round your answer to the next highest whole number.

Statistics  me, Friday, December 3, 2010 at 1:20am
Using a Zvalue of 2.575, the answer is 238.7; or 240 if the answer is in multiple choice form.
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