In: Math
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 0.36? (round up to the nearest integer) (b) she does not use any prior estimates? (round up to the nearest integer)
Solution:
Given:
E = Margin of Error = 0.03
c = confidence level = 0.95
We have to find sample size n to estimate the proportion of adults who have high-speed Internet access.
Part a) If she uses a previous estimate of 0.36.
that is: p= 0.36
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
Thus
( Sample size is always rounded up)
Part b) If she does not use any prior estimates.
Then we use p =0.5
thus