What sample size is needed to give a margin of error within
±2.5% in estimating a population proportion with 99% confidence? An
initial small sample has p^=0.78.
Round the answer up to the nearest integer.
Solution:
Given that:
E= 0.025
= 0.78
1 - = 1 - 0.78= 0.22
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576
sample size = (Z/2 / E)2 * * (1 - )
= (2.576 / 0.025)2 * (0.78 * 0.22)
= 1821.92
sample size = 1822
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