In: Statistics and Probability
researcher wishes to estimate the proportion of adults who have high-speed Internet access. What size sample should be obtained if she wishes the estimate to be within 0.03 with 95% confidence if (a) she uses a previous estimate of 0.32? (b) she does not use any prior estimates?
Solution :
Given that,
= 0.32
1 - = 1 - 0.32 = 0.68
margin of error = E = 0.03
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 / 0.03)2 * 0.32* 0.68
= 929
Sample size =929
(B)
Solution :
Given that,
= 0.5
1 - = 1 - 0.5 = 0.5
margin of error = E = 0.03
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 / 0.03)2 * 0.5* 0.5
= 1067.111
Sample size =1068