Suppose you wish to estimate a population mean correct to within 0.15 with a confidence level of .90. You do not know o², but you know that the observations will range in value between 33 and 41. Complete parts a and b. a. Find the approximate sample size that will produce the desired accuracy of the estimate. You wish to be conservative to ensure that the sample size will be ample for achieving the desired accuracy of the estimate. (Hint: assume that the range of the observations will equal 40.) The approximate sample size is (Round up to the nearest integer.) b. Calculate the approximate sample size, making the less conservative assumption that the range of the observations is equal to 60. The approximate sample size is .(Round up to the nearest integer.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Suppose you wish to estimate a population mean correct to within 0.15 with a confidence level of .90. You do not know o², but you know that the observations will range in value between 33 and 41.
Complete parts a and b.
a. Find the approximate sample size that will produce the desired accuracy of the estimate. You wish to be conservative to ensure that the sample size will be ample for achieving the desired
accuracy of the estimate. (Hint: assume that the range of the observations will equal 40.)
The approximate sample size is
(Round up to the nearest integer.)
b. Calculate the approximate sample size, making the less conservative assumption that the range of the observations is equal to 60.
The approximate sample size is
(Round up to the nearest integer.)
Transcribed Image Text:Suppose you wish to estimate a population mean correct to within 0.15 with a confidence level of .90. You do not know o², but you know that the observations will range in value between 33 and 41. Complete parts a and b. a. Find the approximate sample size that will produce the desired accuracy of the estimate. You wish to be conservative to ensure that the sample size will be ample for achieving the desired accuracy of the estimate. (Hint: assume that the range of the observations will equal 40.) The approximate sample size is (Round up to the nearest integer.) b. Calculate the approximate sample size, making the less conservative assumption that the range of the observations is equal to 60. The approximate sample size is (Round up to the nearest integer.)
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