An efficiency expert wishes to determine the average time that it takes to drill three holes in a certain metal clamp. How large a sample will she need to be 95% confident that her sample mean will be within 15 seconds of the true mean? Assume that it is known from previous studies that σ = 40 seconds.

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Answer:

So, the required sample size is [tex]28.[/tex], that she will need to be 95% confident that her sample mean will be within 15 seconds of the true mean.

Step-by-step explanation:

Given that,

Standard deviation ([tex]\sigma[/tex]) = 40

and we have to find how large a sample is needed to be 95% confident that her sample mean will be within 15 seconds of the true mean.

Now,

If [tex]x bar[/tex] is used as an estimate of [tex]\mu[/tex], we can be [tex]100\times (1-\alpha)[/tex]% confident that the error will not exceed a specified amount [tex]e[/tex] when the sample size is

          [tex]n= [\frac{Z_{\frac{\alpha}{2} } ^{}\times \sigma }{e}]^{2}[/tex]    ........ (i)

                              where [tex]Z_{\frac{\alpha}{2} }[/tex] is the z value leaving an area of [tex]\frac{\alpha}{2}[/tex] to the right.

So,

      [tex](100) \times (1-\alpha)[/tex]% = 95%

      [tex]1-\alpha=0.95[/tex]

            [tex]\alpha = 0.05[/tex]

            [tex]\frac{\alpha}{2} = 0.025[/tex]

We have [tex]\sigma = 40,[/tex]  [tex]\frac{\alpha}{2} = 0.025,[/tex]  and [tex]e = 15[/tex], Now using equation (i), the required sample size is,

       [tex]n = [\frac{Z_{0.025}\times 40 }{15}]^{2}[/tex]      ........(ii)

Now we have to find the value of [tex]Z_{0.025}[/tex].

So, the [tex]Z_{\frac{\alpha}{2} } = Z_{0.025}[/tex] is the z-value leaving an area of 0.025 to the right {the area left of the [tex]Z_{0.025}[/tex] is (1-0.025) = 0.975.}

Using Normal Probability table, we see that the closest z-value which leaving an area of 0.025 to the right (i.e. an area of 0.975 to the left) is [tex]Z_{0.025} = 1.96[/tex]

Now,

Using equation (ii),

                               [tex]n= [\frac{Z_{0.025}\times 40 }{15}]^{2}[/tex]

                                   = [tex][\frac{1.96\times 40}{15}]^{2}[/tex]

                                   ≈ [tex]27.3[/tex]

So, the required sample size is [tex]28.[/tex]

For her sample mean to be within 15 seconds of the true mean, the sample size is to be 27

Given that the margin of error (E) = 15 seconds, standard deviation (σ) = 40 seconds.

The confidence (C) = 95% = 0.95

α = 1 - C = 0.05

α/2 = 0.025

The z score of α/2 is the same as the z score of 0.475 (0.5 - 0.025) which is equal to 1.96

The margin of error (E) is given by:

[tex]E=z_\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } \\\\15=1.96*\frac{40}{\sqrt{n} } \\\\n = 27.3[/tex]

For her sample mean to be within 15 seconds of the true mean, the sample size is to be 27

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