Answer:
The smallest sample size required to obtain the desired margin of error is of 17.
Step-by-step explanation:
We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:
[tex]\alpha = \frac{1-0.9}{2} = 0.05[/tex]
Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].
So it is z with a pvalue of [tex]1-0.05 = 0.95[/tex], so [tex]z = 1.645[/tex]
Now, find the margin of error M as such
[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]
In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.
Which of these is the smallest approximate sample size required to obtain the desired margin of error?
The desired margin of error is 20, so [tex]M = 20[/tex]
We have that [tex]\sigma = 50[/tex].
The smallest sample size is n. So
[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]
[tex]20 = 1.645*\frac{50}{\sqrt{n}}[/tex]
[tex]20\sqrt{n} = 50*1.645[/tex]
[tex]\sqrt{n} = \frac{50*1.645}{20}[/tex]
[tex](\sqrt{n})^2 = (\frac{50*1.645}{20})^2[/tex]
[tex]n = 16.9[/tex]
Rounding up
The smallest sample size required to obtain the desired margin of error is of 17.