In: Statistics and Probability
When reviewing health records, a sample of size 280 indicates that 46% of Americans over the age of 45 suffer from type II diabetes. Use the 95% confidence level to:
25. Estimate the margin of error. Thousandths
26. Estimate the true proportion. Thousandths
27. If you are conducting a new study using the 95% confidence level and no prior sample proportion information is known, estimate the sample size needed to be within a margin of error of ±3%
Solution:
Given,
n = 280 ....... Sample size
= 0.46
Our aim is to construct 95% confidence interval.
c = 0.95
= 1- c = 1- 0.95 = 0.05
/2 = 0.025 and 1- /2 = 0.975
Search the probability 0.975 in the Z table and see corresponding z value
= 1.96
Now , the margin of error is given by
E = /2 *
= 1.96 * [ 0.46 *(1 - 0.46 )/280 ]
= 0.058
Now the confidence interval is given by
( - E) ( + E)
( 0.46 - 0.058 ) ( 0.46 + 0.058 )
0.402 0.518
Required 95% Confidence Interval is ( 0.402 , 0.518 )
Solution:
Given,
E = 0.03
c = 95% = 0.95
When is not given then we use,
or p = 0.5
1 - 1- p = 1 - 0.5 = 0.5
Now,
= 1 - c = 1 - 0.95 = 0.05
/2 = 0.025
= 1.96 (using z table)
The sample size for estimating the proportion is given by
n =
= (1.96)2 * 0.5 * 0.5 / (0.032)
= 1067.1111
= 1068 ..(round to the next whole number)
Answer : Required Sample size is n = 1068