In: Math
Solution :
Given that,
margin of error = E = 0.03
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
(a)
= 0.36
1 - = 1 - 0.36 = 0.64
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 / 0.03)2 * 0.36 * 0.64
= 692.74 = 693
sample size = 693
(b)
= 0.5
1 - = 1 - 0.5 = 0.5
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 / 0.03)2 * 0.5 * 0.5
= 751.67 = 752
sample size = 752