Answer:
The administrator should sample 968 students.
Step-by-step explanation:
We have 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 - 0.88}{2} = 0.06[/tex]
Now, we have to find z in the Z-table as such z has a p-value of [tex]1 - \alpha[/tex].
That is z with a p-value of [tex]1 - 0.06 = 0.94[/tex], so Z = 1.555.
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.
Standard deviation of 300.
This means that [tex]n = 300[/tex]
If the administrator would like to limit the margin of error of the 88% confidence interval to 15 points, how many students should the administrator sample?
This is n for which M = 15. So
[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]
[tex]15 = 1.555\frac{300}{\sqrt{n}}[/tex]
[tex]15\sqrt{n} = 300*1.555[/tex]
Dividing both sides by 15
[tex]\sqrt{n} = 20*1.555[/tex]
[tex](\sqrt{n})^2 = (20*1.555)^2[/tex]
[tex]n = 967.2[/tex]
Rounding up:
The administrator should sample 968 students.