In: Statistics and Probability
A ) Given that
Confidence level = C = 0.99
Margin of error = E = 0.02
we want to find the sample size when true proportion is not given
Therefor Assume that true proportion = p = 0.5
A ) Therefor the sample size is calculated as
Where Zc = Critical value for C = 2.58 ...........( From Z table)
..........( Round to the next number)
Therefor the required sample size is n = 4161 .............( ANSWER)
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B ) Given that, the true proportion lies on the interval from 5% to 20%
i.e.
i.e. 99% Confidence interval for true proportion is
i.e. Lower limit = ...............( Equation 1)
and Upper limit = ............( Equation 2)
Therefor Equation 2 + Equation 1 is
i.e.
i.e.
i.e.
i.e.
The required sample size is
.......( Round to the next number)
Therefor the required sample size is n = 1821 .............( ANSWER)