banner_ad

Q.a. doubt

CPT 865 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
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details