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Ch. 6 - Confidence Intervals
Larson - Elementary Statistics: Picturing the World 8th Edition
Larson8th EditionElementary Statistics: Picturing the WorldISBN: 9780137493470Not the one you use?Change textbook
Chapter 6, Problem 6.1.29

In Exercises 29–32, determine the minimum sample size n needed to estimate for the values of c, σ, and E.
c = 0.90, σ = 6.8, E = 1.

Verified step by step guidance
1
Identify the formula for determining the minimum sample size n for estimating a population mean: n = (zcσE)2, where zc is the critical z-value, σ is the population standard deviation, and E is the margin of error.
Determine the critical z-value (zc) for the given confidence level c = 0.90. Use a z-table or statistical software to find the z-value corresponding to the middle 90% of the standard normal distribution.
Substitute the given values into the formula: σ = 6.8 and E = 1. Replace zc with the critical z-value obtained in the previous step.
Simplify the fraction zcσE by multiplying zc and σ, then dividing by E.
Square the result of the fraction to compute the minimum sample size n. If n is not a whole number, always round up to the nearest integer, as sample size must be an integer.

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Key Concepts

Here are the essential concepts you must grasp in order to answer the question correctly.

Sample Size Determination

Sample size determination is the process of calculating the number of observations or replicates needed in a statistical study to ensure that the results are reliable and valid. It is crucial for achieving a desired level of confidence and margin of error in estimates. The formula often used involves the population standard deviation, the desired confidence level, and the margin of error.
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Confidence Level (c)

The confidence level represents the probability that the confidence interval will contain the true population parameter. A confidence level of 0.90 indicates that there is a 90% chance that the interval estimate will capture the true value. This level influences the width of the confidence interval and, consequently, the required sample size.
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Margin of Error (E)

The margin of error is the range within which the true population parameter is expected to lie, given a certain confidence level. It quantifies the uncertainty associated with sample estimates. A smaller margin of error requires a larger sample size, as it indicates a desire for more precise estimates of the population parameter.
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Related Practice
Textbook Question

Matching In Exercises 17–20, match the level of confidence c with the appropriate confidence interval. Assume each confidence interval is constructed for the same sample statistics.

c = 0.88

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Textbook Question

In Exercises 13 and 14, use the confidence interval to find the margin of error and the sample mean.

(14.7, 22.1)

95
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Textbook Question

Translating Statements In Exercises 29–34, translate the statement into a confidence interval. Approximate the level of confidence.

In a survey of 220 U.S. adults ages 18–29, 65% said that they use Snapchat. The survey’s margin of error is ±7.9%. (Source: Pew Research Center)

73
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Textbook Question

In Exercises 35–40, use the standard normal distribution or the t-distribution to construct a 95% confidence interval for the population mean. Justify your decision. If neither distribution can be used, explain why. Interpret the results.

In a random sample of 18 months from January 2011 through December 2020, the mean interest rate for 30-year fixed rate home mortgages was 3.95% and the standard deviation was 0.49%. Assume the interest rates are normally distributed. (Source: Freddie Mac)

101
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Textbook Question

Translating Statements In Exercises 29–34, translate the statement into a confidence interval. Approximate the level of confidence.

In a survey of 1000 U.S. adults, 71% think teaching is one of the most important jobs in our country today. The survey’s margin of error is ±3%. (Source: Rasmussen Reports)

88
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Textbook Question

Finding Critical Values for χ2 In Exercises 3–8, find the critical values χR2 and χL2 for the level of confidence c and sample size n.

c = 0.80, n = 51

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