The standard deviation is 15. If a sample of 100 people is selected, compute the standard error of the mean. What size sample is necessary to double the standard error of the mean?
1 Answer
Apr 9, 2018
The standard error is 1.5.
The new sample size should be 25 (one-quarter of 100).
Explanation:
The formula for standard error
#SE = sigma/sqrtn#
Knowing
#SE=15/sqrt(100)=15/10=1.5#
If we want to double the standard error
#SE=15/sqrt(25)=15/5=3#
And 3 is twice as much as 1.5.
Mathematically:
We want
#=> cancelsigma/sqrt(n_"new")=2cancelsigma/sqrtn#
#=> sqrt(n_"new")=sqrtn/2#
#=> n_"new"=n/4#