Final answer:
To estimate the average GPA with a margin of error of 0.1 at a 98% confidence level, given the standard deviation of 0.85, the researcher would need to sample approximately 396 students.
Step-by-step explanation:
An educational researcher is interested in estimating the average GPA of all UCF students. The researcher has a 98% confidence interval for the population mean μ, which is currently (2.71, 3.01) based on a sample of 150 students, and wishes to reduce the margin of error to 0.1. Assuming the standard deviation of the GPAs is 0.85, to achieve the desired margin of error, we must first determine the z-score for a 98% confidence level and then use the formula for the required sample size: n = (z * σ / E)^2, where σ is the standard deviation and E is the desired margin of error.
Step 1: Find the z-score for the 98% confidence level
For a 98% confidence level, the z-score is approximately 2.33 (obtained from a standard normal distribution table or a statistical software).
Step 2: Use the formula to calculate the sample size
n = (2.33 * 0.85 / 0.1)^2. When calculated, this results in n being approximately 395.87. Since we cannot have a fraction of a student, we round up to the nearest whole number. Therefore, a sample of 396 students is required to estimate the average GPA with a margin of error of 0.1 at a 98% confidence level.