In: Statistics and Probability
a.) What sample size is needed to give a margin of error within
+-6 in estimating a population mean with 95% confidence, assuming a
previous sample had s=20.
Round your answer up to the nearest
integer.
sample size =
b.) What sample size is needed to give a margin of error within
+-13 in estimating a population mean with 99% confidence, assuming
a previous sample had s=116
Round your answer up to the nearest
integer.
sample size =
c.) In a study, we see that the average number of close
confidants in a random sample of 2006 US adults is 2.2 with a
standard deviation of 1.4 . If we want to estimate the number of
close confidants with a margin of error within +- 0.008 and with
99% confidence, how large a sample is needed?
Round your answer up to the nearest
integer.
sample size =
Solution:
Part a)
Given:
c = confidence level = 95%
E = Margin of Error = 6
s = Standard deviation= 20
Find sample size n.
Formula:
We need to find zc value for c=95% confidence level.
Find Area = ( 1 + c ) / 2 = ( 1 + 0.95) /2 = 1.95 / 2 = 0.9750
Look in z table for Area = 0.9750 or its closest area and find z value.
Area = 0.9750 corresponds to 1.9 and 0.06 , thus z critical value = 1.96
That is : Zc = 1.96
Since is unknown , we use its sample estimate s= 20
Part b)
Given:
c = confidence level = 99%
E = Margin of Error = 13
s = Standard deviation= 116
Find sample size n.
Formula:
Zc is z critical value for c = 0.99 confidence level.
Find Area = ( 1+c)/2 = ( 1 + 0.99 ) / 2 = 1.99 /2 = 0.9950
Thus look in z table for Area = 0.9950 or its closest area and find corresponding z critical value.
From above table we can see area 0.9950 is in between 0.9949 and 0.9951 and both are at same distance from 0.9950, Hence corresponding z values are 2.57 and 2.58
Thus average of both z values is 2.575
Thus Zc = 2.575
Thus
Part c)
Given:
c = confidence level = 99%
E = Margin of Error = 0.008
= Standard
deviation= 1.4
Find sample size n.
Formula: