Answer:
The required sample size is 35.
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 = 1.96.
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.
Determine the required sample size.
The required sample size is n, which is found when
The standard deviation of 24 means that
. So
Simplifying both sides by 8
Rounding up:
The required sample size is 35.