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)
= 0.42
1 - = 1 - 0.42 = 0.58
margin of error = E = 0.01
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
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.01)2 * 0.42 * 0.58
= 9358.14
sample size = 9359
b)
= 0.50
1 - = 0.50
margin of error = E = 0.01
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
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.01)2 * 0.50 * 0.50
= 9604
sample size = 9604