Question

Determine the minimum sample size required in order to estimate p, the population proportion, to within...

Determine the minimum sample size required in order to estimate p, the population proportion, to within 0.05, with:

a) 95% confidence.

b) 99% confidence.

  

Homework Answers

Answer #1

Solution :

Given that,

= 0.5

1 - = 1 - 0.5= 0.5

margin of error = E = 0.05

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 ( Using z table )

Sample size = n = (Z/2 / E)2 * * (1 - )

= (1.96 / 0.05)2 * 0.5* 0.5

= 384

Sample size = 384

B.

Solution :

Given that,

= 0.5

1 - = 1 - 0.5= 0.5

margin of error = E = 0.05

At 99% confidence level the z is,

= 1 - 99%

= 1 - 0.99 = 0.01

/2 = 0.005

Z/2 = 2.58    ( Using z table )

Sample size = n = (Z/2 / E)2 * * (1 - )

= (2.58 / 0.05)2 * 0.5 * 0.5

=665.64

Sample size = 666

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