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
0.01 with 95% confidence if:
(a) she uses a previous estimate of .42?
(b) she does not use any prior estimates?
Solution :
Given that,
a)
margin of error = E = 0.01
At 95% confidence level the z is ,
sample size = n = (Z
/ 2 / E )2 *
* (1 -
)
= (1.96 / 0.01)2 * 0.42 * 0.58
= 9358.14
sample size = 9359
b)
margin of error = E = 0.01
At 95% confidence level the z is ,
sample size = n = (Z
/ 2 / E )2 *
* (1 -
)
= (1.96 / 0.01)2 * 0.50 * 0.50
= 9604
sample size = 9604