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? (Round your answers up the nearest whole number.) (a) a preliminary estimate for p is 0.38
Solution :
Given that,
= 0.38
1 - = 1 - 0.38 = 0.62
margin of error = E = 0.1
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 = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.1)2 * 0.38 * 0.62
= 90.51 = 91
sample size = 91
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