What sample size is needed to give a margin of error within
±1.5% in estimating a population proportion with 95%
confidence?
Round your answer up to the nearest integer.
Sample size =
Solution :
Given that,
= 0.5
1 - = 1 - 0.5 = 0.5
margin of error = E = 1.5% = 0.015
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 / 0.015)2 * 0.5 * 0.5
= 4268.44
Sample size =4268 rounded
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