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Choosing an Appropriate Sample Size?
A union of restaurant and foodservice workers would like to estimate the mean hourly wage,u , of foodservice workers in the U.S. The union will choose a random sample of wages and then estimate u using the mean of the sample. What is the minimum sample size needed in order for the union to be 90% confident that its estimate is within $0.45 of u? Suppose that the standard deviation of wages of foodservice workers in the U.S. is about $2.25.
Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements).
1 Answer
- cidyahLv 71 decade agoFavorite Answer
Sample size = [z sd / error]^2
z (for a 90% confidence interval is) is 1.645.
sd = 2.25
error = 0.45
Sample size = [ (1.645)(2.25) /0.45]^2 = (8.225)^2 = 67.650625
= 68 samples