MHB Getting ready for the final, don't understand how to answer these

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To determine the necessary sample size for reducing the maximum error $E$ of an estimate for the mean $\mu$ to one-fifth its original size, the sample size $n$ must increase by a factor of 25. This is due to the relationship where $E$ is inversely proportional to the square root of $n$. Given the formula $E=z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}$, if the original sample size is 200, the new required sample size would be 5000. Thus, the calculation confirms that to achieve this reduction in error, the sample size must indeed be 5000. Understanding these principles is crucial for accurately estimating confidence intervals.
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Please please urgent help needed with questions like these

How do I predict how big the sample needs to be?

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Regarding confidence intervals for one mean or proportion, we are given that the maximum error $E$ of the estimate for $\mu$ is:

$$E=z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}$$

So, by what factor must $n$ increase so that $E$ is one-fifth as large?
 
MarkFL said:
Regarding confidence intervals for one mean or proportion, we are given that the maximum error $E$ of the estimate for $\mu$ is:

$$E=z_{\alpha/2}\cdot\frac{\sigma}{\sqrt{n}}$$

So, by what factor must $n$ increase so that $E$ is one-fifth as large?
n must be 5000 right?
 
chriskeller1 said:
n must be 5000 right?

Yes, because $n$ is under a radical, it must increase by a factor of $5^2=25$ in order for $E$ to be 1/5 as large. and so we find:

$$200\cdot25=5000$$
 
I have been insisting to my statistics students that for probabilities, the rule is the number of significant figures is the number of digits past the leading zeros or leading nines. For example to give 4 significant figures for a probability: 0.000001234 and 0.99999991234 are the correct number of decimal places. That way the complementary probability can also be given to the same significant figures ( 0.999998766 and 0.00000008766 respectively). More generally if you have a value that...

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