Question

In: Statistics and Probability

A researcher wishes to​ estimate, with 95​% ​confidence, the population proportion of adults who think the...

A researcher wishes to​ estimate, with 95​% ​confidence, the population proportion of adults who think the president of their country can control the price of gasoline. Her estimate must be accurate within 44​% of the true proportion.

​a) No preliminary estimate is available. Find the minimum sample size needed.

​b) Find the minimum sample size​ needed, using a prior study that found that

46​% of the respondents said they think their president can control the price of gasoline.

​c) Compare the results from parts​ (a) and​ (b).

Solutions

Expert Solution

Solution :

Given that,

(a)

= 0.05

1 - = 0.05

margin of error = E = 0.04

Z/2 = 1.96

sample size = n = (Z / 2 / E)2 * * (1 - )

= (1.96 / 0.04)2 * 0.5 * 0.5

= 600.25

sample size = n = 601

(b)

= 0.46

1 - = 0.54

margin of error = E = 0.04

Z/2 = 1.96

sample size = n = (Z / 2 / E)2 * * (1 - )

= (1.96 / 0.04)2 * 0.46 * 0.54

= 597

sample size = n = 597

(c)

Having an estimate of the population proportion reduces the minimum sample size is needed .


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