In: Statistics and Probability
Solution :
Given that,
= 0.42
1 - = 1 - 0.42 = 0.58
margin of error = E =0.03
At 90% confidence level z
= 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 / 0.03)2 * 0.42 * 0.58
=732.43
Sample size = 732
( b)
Solution :
Given that,
= 0.5( use 0.5)
1 - = 1 - 0.5 = 0.5
margin of error = E =0.03
At 90% confidence level z
= 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 / 0.03)2 * 0.5 * 0.5
=751.67
Sample size = 752