In: Statistics and Probability
Game of Thrones ~ The creators David Benioff and D. B. Weiss of the TV show “Game of Thrones” want to know how popular Season 8 was among the show’s fans. They hired an analyst who collected a random sample of 40,776 Game of Thrones fans, and found that 8,473 of those fans said that they like Season 8.
Using this data, the analyst wants to estimate the actual proportion of fans who like Season 8.
To calculate the required sample size, what value of ME should we use in the formula below to calculate a 90% confidence interval within 2.50 percentage points? Give your answer to 4 decimal places.
N= P*(1-p*) (z*/me)^2
Solution :
Given that,
n = 40776
x = 8473
Point estimate = sample proportion = = x / n = 8473 / 40776 = 0.2078
1 - = 1 - 0.2078 = 0.7922
margin of error = E = 0.0250
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 / 0.0250 )2 * 0.2078 * 0.7922
= 712.74
sample size = n = 713