In: Statistics and Probability
A researcher wishes to estimate the proportion of adults who have high-speed Internet access. What size sample should be obtained if she wishes the estimate to be within 0.03 with 95 % confidence if
(a) she uses a previous estimate of 0.34 ?
(b) she does not use any prior estimates?
Solution :
Given that,
Margin of error = E = 0.03
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
(a)
= 0.34
1 - = 1 - 0.34 = 0.66
Sample size = ( Z/2 / E)2 * * (1 - )
= (1.96 / 0.03)2 * 0.34 * 0.66
= 957.83 = 958
Sample size = n = 958
(b)
= 0.5
1 - = 1 - 0.5 = 0.5
Sample size = ( Z/2 / E)2 * * (1 - )
= (1.96 / 0.03)2 * 0.5 * 0.5
= 1067.11 = 1068
Sample size = n = 1068