Answer:
n=237
Explanation:
Previous concepts
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
Assuming the X follows a normal distribution
We know that the margin of error for a confidence interval is given by:
(1)
The next step would be find the value of
,
and
Using the normal standard table, excel or a calculator we see that:
If we solve for n from formula (1) we got:
And we have everything to replace into the formula:
And if we round up the answer we see that the value of n to ensure the margin of error required
is n=237.