What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of 0.1 in the following scenarios? (For each answer, enter a number. Round your answers up the nearest whole number.)
(a)
a preliminary estimate for p is 0.23
(b)
there is no preliminary estimate for p
Solution :-
Given that,
a) = 0.23
1 - = 1-0.23 = 0.77
margin of error = E = 0.1
Z/2 = 1.96
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96/0.1)2 * 0.23*0.77
= 68
sample size = n = 68
b)
= 0.50
1 - = 1-0.50 = 0.50
margin of error = E = 0.1
Z/2 = 1.96
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96/0.1)2 * 0.50*0.50
= 96
sample size = n = 96
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