Answer:
The minimum sample size required for the estimate is of 3820.
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 = 2.575.
Now, find the margin of error M as such
Variance is known to be 5.76
This means that
What is the minimum sample size required for the estimate?
Maximum error of 0.1 means that we find n for which M = 0.1. So
Multiplying both sides by 10
Rounding up:
The minimum sample size required for the estimate is of 3820.