What this answers
This planner answers "how many observations do I need, before I collect any data, to estimate a mean to a specific target precision?" The answer depends entirely on how variable the underlying quantity is (its assumed standard deviation): a more variable quantity needs a larger sample to pin down to the same precision as a less variable one.
How it is calculated
Required sample size is the square of your confidence level's z critical value times the assumed standard deviation, divided by your target margin of error, then rounded up to a whole number. This assumed standard deviation is the single biggest driver of the result, and it typically comes from a pilot study, prior published research, or a conservative estimate, never guessed without basis.
Worked example
For an assumed standard deviation of 10, a target margin of error of 2, and 95% confidence: the required sample size works out to 97, meaning you would need 97 observations to estimate the true mean to within about 2 units, 95% of the time, under this assumed variability.
Assumption audit
Common mistakes
A common mistake is underestimating the assumed standard deviation to make the required sample size look smaller and more affordable, which only produces a study that achieves a wider margin of error than planned once real data comes in. Another is confusing margin of error with standard deviation; the margin of error is how precisely you want to pin down the mean, while the standard deviation describes how spread out individual observations already are, and the two should never be set to the same value. A third is forgetting that this formula targets a confidence interval's width, not a hypothesis test's power, so it answers a different planning question than the Sample Size for Two Means engine.
Limitations
This formula assumes a simple random sample and uses the normal approximation appropriate for the sample sizes typically involved here. It does not account for clustering, stratification, or other complex survey designs.