In: Statistics and Probability
Determine the sample size n needed to construct a 95% confidence interval to estimate the population proportion for the following sample proportions when the margin of error equals 4%.
a. p over bar equals 0.10
b. p over bar equals 0.20
c. p over bar equals 0.30
Solution :
Given that,
= 0.10
1 - = 1 - 0.10 = 0.9
margin of error = E = 4% = 0.04
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.96 / 0.04)2 * 0.10 * 0.9
= 216.09
Sample size =216
b.
Solution :
Given that,
= 0.20
1 - = 1 - 0.20 = 0.8
margin of error = E = 4% = 0.04
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.96 / 0.04)2 * 0.2 * 0.8
= 385
Sample size =382
c.
Solution :
Given that,
= 0.30
1 - = 1 - 0.30 = 0.7
margin of error = E = 4% = 0.04
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.96 / 0.04)2 * 0.30* 0.70
= 504.21
Sample size =505