Use the given data to find the minimum sample size required to estimate a population proportion or percentage. Margin of error: eight percentage points; confidence level 95%; from a prior study, p hat is estimated by the decimal equivalent of 32%
Solution:
Given that,
= 32% = 0.320
1 - = 1 - 0.320 = 0.680
margin of error = E = 8% = 0.08
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.960
Sample size = n = ((Z / 2) / E)2 * * (1 - )
= (1.960 / 0.08)2 * 0.320 * 0.680
= 146.9412
= 147
n = sample size = 147
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