In: Statistics and Probability
College officials want to estimate the percentage of students who carry a gun, knife, or other such weapon. How many randomly selected students must be surveyed in order to be 97% confident that the sample percentage has a margin of error of 2 percentage points?
(a) Assume that there is no available information that could be used as an estimate of p^.
(b) Assume that another study indicated that 77% of college students carry weapons.
Solution :
Given that,
margin of error = E = 2% = 0.02
At 97% confidence level the z is ,
= 1 - 97% = 1 - 0.97 = 0.03
/ 2 = 0.03 / 2 = 0.015
Z/2 = Z0.015 = 2.17
(a)
= 0.5
1 - = 1 - 0.5 = 0.5
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.17 / 0.02)2 * 0.5 * 0.5
= 2943.06
sample size = 2944 students
(b)
= 0.77
1 - = 1 - 077 = 0.23
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.17 / 0.02)2 * 0.77 * 0.23
= 2084.86 = 2085
sample size = 2085 students