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For a sample size of 20 players, 68% of the sample means fall within 19.32 and 20.98
<h3>What is a sample size?</h3>The sample size is a term used in market research for defining the number of subjects included in a sample size. By sample size, we understand a group of subjects that are selected from the general population and is considered a representative of the real population for that specific study.
Empirical rule states that for a normal distribution, 68% of the values are within one standard deviation from the mean, 95% of the values are within two standard deviation from the mean and 99.7% of the values are within three standard deviation from the mean.
For a population mean of 20.15 and a standard deviation of 3.7
68% are within μ ± σ/√n,
hence,
68% = 20.15 ± 3.7/√20 = (19.32, 20.98)
For a sample size of 20 players, 68% of the sample means fall within 19.32 and 20.98.
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Answer:
The minimum sample size required for the estimate is 345.
Step-by-step explanation:
We have that to find our level, that is the subtraction of 1 by the confidence interval divided by 2. So:
Now, we have to find z in the Ztable as such z has a pvalue of .
That is z with a pvalue of , so Z = 1.96.
Now, find the margin of error M as such
In which is the standard deviation of the population and n is the size of the sample.
The standard deviation is known to be 1.8.
This means that
What is the minimum sample size required for the estimate?
This is n for which M = 0.19. So
Rounding up to the next integer:
The minimum sample size required for the estimate is 345.