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Sample Size. In Exercises 29鈥36, find the sample size required to estimate the population mean.

Mean IQ of Attorneys See the preceding exercise, in which we can assume that for the IQ scores. Attorneys are a group with IQ scores that vary less than the IQ scores of the general population. Find the sample size needed to estimate the mean IQ of attorneys, given that we want 98% confidence that the sample mean is within 3 IQ points of the population mean. Does the sample size appear to be practical?

Short Answer

Expert verified

The required sample size is 136. It does appear to be practical.

Step by step solution

01

Given information

The IQ test ofAttorneys has a standard deviation of =15. The level of confidence is 98%, and the sample mean lies within 3 IQ points of the true mean.

02

Describe the determination of sample size

The sample size n can be determined by using the following formula.

n=z2E2...1

Here, E is the margin of error.

03

Find the critical value zα2

The z2is a z-score that separates an area of 2in the right tail of the standard normal distribution.

The confidence level of 98% corresponds to =0.02and2=0.01.

The valuez2has the cumulative area to its left as 1-2.

Mathematically,

Pz<z2=1-2=0.99

From the standard normal table, the area of 0.99 is observed corresponding intersection of the row value 2.3 and column value 0.03, which implies z2is 2.33.

04

Find the required sample size

The sample size is calculated by substituting the values of z2,, and E in equation (1).

n=z2E2=2.331532=135.722=136roundedup

Thus, with 136 samples values, you can be 98% confident that your sample mean lies within 3 IQ points of the true mean.

05

Conclude that the sample size appears to be practical

The sample size required to estimate the meanIQ test ofAttorneys is 136. Yes, the sample size does appear to be very practical.

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Most popular questions from this chapter

Finding Critical Values. In Exercises 5鈥8, find the critical value z2that corresponds to the given confidence level.

98%

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In Exercises 1鈥3, refer to the accompanying screen display that results from the Verizon airport data speeds (Mbps) from Data Set 32 鈥淎irport Data Speeds鈥 in Appendix B. The confidence level of 95% was used.

Degrees of Freedom

a. What is the number of degrees of freedom that should be used for finding the critical value t2?

b. Find the critical value t2corresponding to a 95% confidence level.

c. Give a brief general description of the number of degrees of freedom.

Determining Sample Size. In Exercises 31鈥38, use the given data to find the minimum sample size required to estimate a population proportion or percentage.

IOS MarketshareYou plan to develop a new iOS social gaming app that you believe will surpass the success of Angry Birds and Facebook combined. In forecasting revenue, you need to estimate the percentage of all smartphone and tablet devices that use the iOS operating system versus android and other operating systems. How many smartphones and tablets must be surveyed in order to be 99%. Confident that your estimate is in error by no more than two percentage points?

a.Assume that nothing is known about the percentage of portable devices using the iOS operating system.

b.Assume that a recent survey suggests that about 43% of smartphone and tablets are using the iOS operating system (based on data from NetMarketShare).

c. Does the additional survey information from part (b) have much of an effect on the sample size that is required?

Finding Critical Values. In Exercises 5鈥8, find the critical value that corresponds to the given confidence level.

99%

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