Question

In: Statistics and Probability

Use the given data to find the minimum sample size required to estimate the population proportion....

Use the given data to find the minimum sample size required to estimate the population proportion.

Margin of error: 0.05; confidence level: 95%;  and  unknown

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Expert Solution

Solution :

Given that,

= 0.5

1 - =0.5

margin of error = E = 0.05

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 / 0.05)2 * 0.5* 0.5

= 384.16

Sample size =384


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