In: Statistics and Probability
A researcher wishes to estimate the percentage of adults who support abolishing the penny. What size sample should be obtained if he wishes the estimate to be within 2 percentage points with 90% confidence if
(a) he uses a previous estimate of 32%?
(b) he does not use any prior estimates?
(a) n=_____
(Round up to the nearest integer.)
(b) n=______
(Round up to the nearest integer.)
Solution :
Given that,
= 0.32
1 - = 1 - 0.32= 0.68
margin of error = E = 2% = 0.02
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.02)2 * 0.32 * 0.68
=1472.07
Sample size = 1472
B)
Solution :
Given that,
= 0.5
1 - = 1 - 0.5= 0.5
margin of error = E = 2% = 0.02
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.02)2 * 0.5 * 0.5
=1691.26
Sample size = 1692