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 0.04 with 99% confidence if
(a) she uses a previous estimate of 0.34?
(b) she does not use any prior estimates?
Solution :
Given that,
margin of error = E = 0.04
At 99% confidence level the z is,
Sample size = n = (Z/2
/ E)2 *
* (1 -
)
= (2.58 / 0.04)2 * 0.34 * 0.66
=933.56
Sample size = 934
(B)
Solution :
Given that,
margin of error = E = 0.04
At 99% confidence level the z is,
Sample size = n = (Z/2
/ E)2 *
* (1 -
)
= (2.58 / 0.04)2 * 0.5 * 0.5
=1040.06
Sample size = 1040