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Sample Size for Tolerance IntervalsCalculating Margin of Error - Normal Method |
Increasing your sample size decreases your margin of error and thus makes your tolerance interval shorter. If you specify one or more sample sizes, Minitab calculates the margins of error that you can achieve with those sample sizes.
Example Output |
Method
Confidence level 95% Percent of population in interval 95% Margin of error probability 0.05
Margin of Error for 95% Tolerance Interval
Sample Normal Nonparametric Achieved Achieved Error Size Method Method Confidence Probability 50 4.4015% 4.2846% 72.1% 0.050 100 3.6914% 4.6435% 96.3% 0.050
Achieved confidence and achieved error probability apply only to nonparametric method. |
Interpretation |
The results show that, with 50 observations, the margin of error for a tolerance interval that is calculated using the normal method is 4.4015%. In other words, with 50 observations, there is only a 5% chance that the tolerance interval will contain 99.4015% or more of the population.
Increasing the sample size to 100 reduces the margin of error for the normal method to 3.6914%.