Question
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Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a
statistical consultant and ask her to determine the mean shopping time, , of customers at the supermarkets. The consultant will collect a random sample of
shopping times at the supermarkets and use the mean of these shopping times to estimate . Assuming that the standard deviation of the population of
shopping times at the supermarkets is 27 minutes, what is the minimum sample size she must collect in order for her to be confident that her estimate is
within 3 minutes of ?
Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole
number that satisfies the requirements).
(If necessary, consult a list of formulas.)

Ask by Stanley Turnbull. in the United States
Mar 27,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

The minimum sample size required is 312.

Solution

We are given that the population standard deviation is minutes and we want the estimate of to be within minutes at the confidence level. The formula for the margin of error for the mean when the population standard deviation is known is
For a confidence level, we have . We wish to find the minimum sample size such that
Step 1: Isolate
Divide both sides by :
Now, solve for :
Step 2: Compute the right-hand side
Calculate . Thus,
Compute (rounded to three decimal places).
Step 3: Solve for
Square both sides:
Calculate .
Step 4: Determine the Minimum Whole Number
Since must be a whole number and must be at least as large as 311.1696, we round up to obtain
Thus, the minimum sample size required is .

Answered by UpStudy AI and reviewed by a Professional Tutor

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Bonus Knowledge

To determine the minimum sample size needed for the consultant to estimate the mean shopping time with a specified level of confidence and margin of error, we can use the following formula for sample size :
Where:
  • is the z-score corresponding to the desired confidence level (for 95%, ),
  • is the population standard deviation (27 minutes),
  • is the margin of error (3 minutes).
Now, substituting the values into the formula:
Calculating the numerator:
Then calculating:
Now, squaring this result:
Since you cannot have a fraction of a sample, you must round up to the nearest whole number. Thus, the minimum sample size the consultant must collect is:

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