In: Statistics and Probability
Solution :
Given that,
margin of error = E =0.03
At 90% confidence level z
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,
margin of error = E =0.03
At 90% confidence level z
Sample size = n = (Z/2
/ E)2 *
* (1 -
)
= (1.645 / 0.03)2 * 0.5 * 0.5
=751.67
Sample size = 752