To construct a 95% CI for a proportion (p) of 15% with margin of error = 2%, what is the minimum sample size required? For all sample size calculation, alpha = 0.05 (i.e the confidence level =95%), and the power is 80% (i.e. beta = 0.2).
Solution :
Given that,
= 15% = 0.15
1 - = 1 - 0.15 = 0.85
Margin of error = E = 2% = 0.02
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Sample size = ( Z/2 / E)2 * * (1 - )
= (1.96 / 0.02)2 * 0.15 * 0.85
= 1224.51 = 1225
Sample size = n = 1225
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