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 52% of 2343 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 0.04 irrespective of the value of p̂? (Round your answer up to the nearest integer.)
Solution :
Given that,
= 52% = 0.52
1 - = 1 - 0.52 = 0.48
margin of error = E = width / 2 = 0.04 / 2 = 0.02
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.58
Sample size = n = (Z/2 / E)2 * * (1 - )
= (2.58 / 0.02)2 * 0.52 * 0.48
= 4154
Sample size = 4154
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