Answer:
The administrator should sample 968 students.
Explanation:
We have 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 Z-table as such z has a p-value of
.
That is z with a p-value of
, so Z = 1.555.
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.
Standard deviation of 300.
This means that
![n = 300](https://img.qammunity.org/2022/formulas/mathematics/college/9757muhhhp0k8rsq6zoidn7itgimvltj3d.png)
If the administrator would like to limit the margin of error of the 88% confidence interval to 15 points, how many students should the administrator sample?
This is n for which M = 15. So
![M = z(\sigma)/(√(n))](https://img.qammunity.org/2022/formulas/mathematics/college/p19w5m3ctzqxc0b7ic9kz7y4ab19d7zpbv.png)
![15 = 1.555(300)/(√(n))](https://img.qammunity.org/2022/formulas/mathematics/college/cfkh16yqvo7ha4alei0lz5nfeyi1t294bn.png)
![15√(n) = 300*1.555](https://img.qammunity.org/2022/formulas/mathematics/college/goidq2mk39dugi7lo48ib7fwx41v4525l0.png)
Dividing both sides by 15
![√(n) = 20*1.555](https://img.qammunity.org/2022/formulas/mathematics/college/4mq1zfuyygkog93dafo22y9b60g7td276h.png)
![(√(n))^2 = (20*1.555)^2](https://img.qammunity.org/2022/formulas/mathematics/college/zujv4gkbndvkghudpov6u0pa2o5m01txv6.png)
![n = 967.2](https://img.qammunity.org/2022/formulas/mathematics/college/grfo2nln9ecz8bl15n4mhx0vkuew0dxsl6.png)
Rounding up:
The administrator should sample 968 students.