In: Statistics and Probability
1. A random sample of 120 ULS students yields a mean GPA of 2.71 with a sample standard deviation of 0.51. Construct a 95% confidence interval for the true mean GPA of all students at ULS. Find the minimum sample size required to estimate the true mean GPA at ULS to within 0.03 using a 95% confidence interval
2. Suppose we have 3 ULS student candidates running for the position of student representative, A, B, and C. We randomly select 160 ULS students. Of them, 120 vote for candidate A. Find a 95% confidence interval for the true proportion of the population of ULS students who will vote for candidate A. How many students must be surveyed in order to be 95% confident that the sampling percentage is in error by no more than 3 percentage points (or 0.03)?
1)
Standard Deviation , σ =
0.51
sampling error , E = 0.03
Confidence Level , CL= 95%
alpha = 1-CL = 5%
Z value = Zα/2 = 1.960 [excel
formula =normsinv(α/2)]
Sample Size,n = (Z * σ / E )² = ( 1.960
* 0.51 / 0.03 ) ²
= 1110.182
So,Sample Size needed=
1111
(please try 1133 if above gets wrong)
2)
a)
Level of Significance, α =
0.05
Number of Items of Interest, x =
120
Sample Size, n = 160
Sample Proportion , p̂ = x/n =
0.7500
z -value = Zα/2 = 1.960 [excel
formula =NORMSINV(α/2)]
Standard Error , SE = √[p̂(1-p̂)/n] =
0.034233
margin of error , E = Z*SE = 1.960
* 0.03423 = 0.0671
95% Confidence Interval is
Interval Lower Limit = p̂ - E = 0.75000
- 0.06709 = 0.6829
Interval Upper Limit = p̂ + E = 0.75000
+ 0.06709 = 0.817
95% confidence interval is (
0.683 < p < 0.817
)
b)
sample proportion , p̂ = 120/160= 0.75
sampling error , E = 0.03
Confidence Level , CL= 0.95
alpha = 1-CL = 0.05
Z value = Zα/2 = 1.960 [excel
formula =normsinv(α/2)]
Sample Size,n = (Z / E)² * p̂ * (1-p̂) = (
1.960 / 0.03 ) ² *
0.75 * ( 1 - 0.75 ) =
800.3039
so,Sample Size required=
801