It is known that the population variance equals 484. With a .95 probability, the sample size that needs to be taken to estimate
the population mean if the desired margin of error is 5 or less is
1 answer:
Answer:
The minimum sample size is n = 75 so that the desired margin of error is 5 or less.
Step-by-step explanation:
We are given the following in the question:
Population variance = 484
Standard deviation =

Confidence level = 0.95
Significance level = 0.05
Margin of error = 5
Formula:
Margin of error =


Putting values, we get

Thus, the minimum sample size is n = 75 so that the desired margin of error is 5 or less.
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