The useful life of a certain type of light bulb is known to have a= 40 hours. Hoe large a sample should be taken standard deviation of it is desired to have a margin of error of 10 hours or less at a 95% level of confidence?
The required sample size can be calculated as,
Where
z= is the critical value
σ= is the standard deviation
E=marginal error
Using the standard normal table, the critical value at the 95% confidence level is 1.96.
therefore
Comments