TV advertising agencies face increasing challenges in reaching audience members because viewing TV programs via digital streaming is gaining in popularity. A poll reported that 59% of 2345 American adults surveyed said they have watched digitally streamed TV programming on some type of device.
What sample size would be required for the width of a 99% CI to be at most 0.03 irrespective of the value of p̂? (Round your answer up to the nearest integer.)
Solution,
Given that,
= 1 - = 0.5
margin of error = E = 0.03
At 99% confidence level
= 1 - 99%
= 1 - 0.99 =0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.576 / 0.03)2 * 0.5 * 0.5
= 1843.27
sample size = n = 1844
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