Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

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

Relevance
  • cidyah
    Lv 7
    1 decade ago
    Favorite 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

Still have questions? Get your answers by asking now.