You want to obtain a sample to estimate a population mean. Based on previous evidence, you believe the population standard deviation is approximately
Do not round mid-calculation. Give your answer in whole people.
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Since we can't have a fraction of a person, we'll round up to the nearest whole number. Therefore, the required sample size is
Step 1 :We are given that the population standard deviation
Step 2 :The Z-score corresponding to a 99% confidence level is approximately 2.576. This value can be found using a standard normal distribution table or a statistical calculator.
Step 3 :We can use the formula for the sample size needed to estimate a population mean with a certain level of confidence:
Step 4 :Substituting the given values into the formula, we get
Step 5 :Calculating the above expression, we find that
Step 6 :Since we can't have a fraction of a person, we'll round up to the nearest whole number. Therefore, the required sample size is