Find the minimum sample size for the following. You wish to estimate with 90% confidence and within 3% of the true population, the proportion of senior citizens that need to be treated for heart disease. There is no initial estimate for p-hat.
Solution :
Given that,
= 0.5 ( when estimate is not given then use 0.5)
1 - = 1 - 0.5 = 0.5
margin of error = E = 3% = 0.03
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 /0.03)2 * 0.5 * 0.5
= 752
Sample size =752
Get Answers For Free
Most questions answered within 1 hours.