A researcher wishes to estimate, with 95%
confidence, the population proportion of adults who think the president of their country can control the price of gasoline. Her estimate must be accurate within 5% of the true proportion.
a) No preliminary estimate is available. Find the minimum sample size needed.
b) Find the minimum sample size needed, using a prior study that found that
22%
of the respondents said they think their president can control the price of gasoline.
c) Compare the results from parts (a) and (b).
Solution :
Given that,
margin of error = E = 0.05
Z/2 = 1.96
(a)
= 0.5
1 - = 0.5
sample size = n = (Z / 2 / E)2 * * (1 - )
= (1.96 / 0.05)2 * 0.5 * 0.5
= 385
sample size = n = 385
(b)
= 0.22
1 - = 0.78
sample size = n = (Z / 2 / E)2 * * (1 - )
= (1.96 / 0.05)2 * 0.22 * 0.78
= 264
sample size = n = 264
(c)
Having an estimate of the population proportion reduces the minimum sample size is needed .
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