banner_ad

Q.a. doubt

CPT 841 views 6 replies

 Q1 Find the sample size such that the probability of the sample means differing from the population mean by not more than 1/10th of the S.D. is 0.95. a 300 b 384 c 395 d none 

Replies (6)

Standard error = σ/√n  the sampling mean for large values of n follows a normal distribution so for 0.95 certainty the population mean should be inside sample mean +/-  1.96*standard error

so 1.96*SE  = σ/10 implies 1.96/ √n = 0.1  implies √n = 19.6 implies n = 19.62 = 384.16 = 384 so answer is b

how it is came from s.e -1.96

look up z tables

i cant understand.

for normal distribution there are z tables which tell you how much percentage of values fall in between x standard deviations from mean. for 95% of values to fall between mean and standard deviation, the length of the interval will be mean +/- 1.96 standard deviations.

thnks a lot.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details