In: Statistics and Probability
Suppose you’re hired by the government of Spain to estimate the proportion of residents who are atheists. According to the guidelines, the estimate must have a margin of error no greater than 1% with 95% confidence.
How many people would you have to sample to ensure that you are within the guidelines?
Show a calculation to support your answer.
Answer:
Given that,
Suppose you’re hired by the government of Spain to estimate the proportion of residents who are atheists.
According to the guidelines, the estimate must have a margin of error no greater than 1% with 95% confidence.
How many people would you have to sample to ensure that you are within the guidelines:
For 95% confidence level:
=1-0.95=0.05
/2=0.05/2=0.025
Then,
Z/2=Z0.025=1.96 (Since, from C.I table)
Given, Error (E)=1%=0.01
Let,
Therefore, the sample size is,
[Since, ]
Therefore, Number of people to sample=9604.