Answer:
So the answer for this case would be n=384160000 rounded up to the nearest integer
Explanation:
We know the following info:
represent the margin of error desired
we assume that the population deviation is this value
The margin of error is given by this formula:
(a)
And on this case we have that ME =0.0001 and we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
The critical value for 95% of confidence interval now can be founded using the normal distribution. If we use the normal standard distribution or excel we got:
, replacing into formula (b) we got:
So the answer for this case would be n=384160000 rounded up to the nearest integer