Answer:
The sample size necessary is 237.
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 = 2.056.
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.
Find the sample size necessary to estimate that mean with a 15-minute sampling error.
A sample size of n is necessary.
n is found when
We have that
So
Rounding up,
The sample size necessary is 237.