In: Statistics and Probability
I want to calculate a sample size before I collect CATEGORICAL data. If I want no more than 3% margin of error find the sample size I would need for the following intervals.
a8) 85%
a9) 90%
a10) 95%
Repeat a8 - 10, but this time with a 5% margin of error
a11) 85%
a12) 90%
a13) 95%
Solution :
Given that,
= 0.50
1 - = 1-0.50 = 0.50
1) margin of error = E = 0.03
a8)
At 85% confidence level
= 1-0.85% =1-0.85 =0.15
/2
=0.15/ 2= 0.075
Z/2
= Z0.075 = 1.44
Z/2 = 1.44
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.44/0.03)2 *0.5 *0.50
= 576
sample size = n = 576
a9)
At 90% confidence level
= 1-0.90% =1-0.90 =0.10
/2
=0.10/ 2= 0.05
Z/2
= Z0.05 = 1.645
Z/2 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645/0.03)2 *0.5 *0.50
= 752
sample size = n = 752
a10)
At 95% confidence level
= 1-0.95% =1-0.95 =0.05
/2
=0.05/ 2= 0.025
Z/2
= Z0.025 = 1.960
Z/2 = 1.960
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.960/0.03)2 *0.5 *0.50
= 1067
sample size = n = 1067
2)
margin of error = E = 0.05
a11)
At 85% confidence level
= 1-0.85% =1-0.85 =0.15
/2
=0.15/ 2= 0.075
Z/2
= Z0.075 = 1.44
Z/2 = 1.44
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.44/0.05)2 *0.5 *0.50
= 207
sample size = n =207
a12)
At 90% confidence level
= 1-0.90% =1-0.90 =0.10
/2
=0.10/ 2= 0.05
Z/2
= Z0.05 = 1.645
Z/2 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645/0.05)2 *0.5 *0.50
= 271
sample size = n = 271
a13)
At 95% confidence level
= 1-0.95% =1-0.95 =0.05
/2
=0.05/ 2= 0.025
Z/2
= Z0.025 = 1.960
Z/2 = 1.960
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.960/0.05)2 *0.5 *0.50
= 384
sample size = n = 384