In: Math
Determine the margin of error for a 99% confidence interval to estimate the population proportion with a sample proportion equal to 0.80 for the following sample sizes.
a. n=100 b. n=200 c. n=260
Solution :
Given that,
Point estimate = sample proportion =
= 0.80
Z/2
= 2.576
(a) n = 100
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.80
* 0.20) / 100)
= 0.103
(b)
n = 200
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.80
* 0.20) / 200)
= 0.073
(c)
n = 260
Margin of error = E = Z
/ 2 *
((
* (1 -
)) / n)
= 2.576 * (((0.80
* 0.20) / 260)
= 0.064