Here are the essential concepts you must grasp in order to answer the question correctly.
Sample Size Determination
Sample size determination is the process of calculating the number of observations or replicates needed in a statistical study to ensure that the results are reliable and valid. In this context, it involves using the desired confidence level and margin of error to find the minimum number of students needed to estimate the population mean accurately.
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Confidence Interval
A confidence interval is a range of values, derived from a data set, that is likely to contain the true population parameter with a specified level of confidence. For example, a 95% confidence interval means that if we were to take many samples, approximately 95% of those intervals would contain the true population mean, providing a measure of uncertainty around the estimate.
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Normal Distribution
Normal distribution is a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean. In this scenario, the assumption of normality allows the use of specific statistical methods to calculate the sample size and confidence intervals, as many statistical techniques rely on this distribution.
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