In: Statistics and Probability
You may need to use the appropriate appendix table or technology to answer this question. In the past, 19% of all homes with a stay-at-home parent had the father as the stay-at-home parent. An independent research firm has been charged with conducting a sample survey to obtain more current information. (a) What sample size is needed if the research firm's goal is to estimate the current proportion of homes with a stay-at-home parent in which the father is the stay-at-home parent with a margin of error of 0.03? Use a 95% confidence level. (Round your answer up to the nearest whole number.) . (b) Repeat part (a) using a 99% confidence level. (Round your answer up to the nearest whole number.)
Solution,
Given that,
= 0.19
1 - = 1 - 0.19 = 0.81
margin of error = E = 0.03
a) At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.03)2 * 0.19 * 0.81
= 656.91
sample size = n = 657
b) At 99% confidence level
= 1 - 99%
= 1 - 0.99 = 0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.576 / 0.03)2 * 0.19 * 0.81
= 1134.71
sample size = n = 1135