In: Statistics and Probability
A 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 0.04 with
95% confidence if
(a) she uses a previous estimate of 0.28?
(b) she does not use any prior estimates?
Solution :
Given that,
margin of error = E = 0.04
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
(a)
= 0.28
1 - = 1 - 0.28 = 0.72
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.04)2 * 0.28 * 0.72
= 484.04 = 485
sample size = 485
(b)
= 0.5
1 - = 1 - 0.5 = 0.5
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.96 / 0.04)2 * 0.5 * 0.5
= 600.25 = 601
sample size = 601