Suppose that a previous study has indicated that 45% of college students have twitter account. How large of a random sample is needed to be 90% sure that a point estimate will be within a distance of 3% of p?
Solution :
Given that,
= 45%=0.45
1 - = 1 - 0.45 = 0.65
margin of error = E = 3% = 0.03
At 90% confidence level
= 1 - 0.90 = 0.10
/2 =0.05
Z/2 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.03)2 * 0.45 * 0.65
=879.458
Sample size = 879 rounded
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