Question

In: Statistics and Probability

A researcher wishes to​ estimate, with 90​% ​confidence, the population proportion of adults who think the...

A researcher wishes to​ estimate, with 90​% ​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 4​% 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 32​% of the respondents said they think their president can control the price of gasoline. ​c) Compare the results from parts​ (a) and​ (b). ​(a) What is the minimum sample size needed assuming that no prior information is​ available? nequals nothing ​(Round up to the nearest whole number as​ needed.)

Solutions

Expert Solution

Solution :

Given that,

margin of error = E = 0.04

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)

= 0.5

1 - = 1 - 0.5 = 0.5

sample size = n = (Z / 2 / E )2 * * (1 - )

= (1.645 / 0.04)2 * 0.5 * 0.5

= 422.81 = 423

sample size = 423

(b)

= 0.32

1 - = 1 - 0.32 = 0.68

sample size = n = (Z / 2 / E )2 * * (1 - )

= (1.645 / 0.04)2 * 0.32 * 0.68

= 368.01

sample size = 368

c)

Having an estimate of the population proportion reduces the minimum sample size is needed .


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