In: Statistics and Probability
In a newspaper article, 28% of the 2600 adults polled said the U.S. space program should emphasize scientific exploration.
Calculate a lower confidence bound at the 99% confidence level for the true proportion of adults said the U.S. space program should emphasize scientific exploration. (2 Points)
Regardless of the true value of proportion, how large a sample size is necessary if the error at 96% confidence level is equal to 0.01? (2 Points)
Solution :
Given that,
1) Point estimate = sample proportion = = 0.28
1 - = 1 - 0.28 = 0.72
Z = Z0.01 = 2.326
Margin of error = E = Z * (( * (1 - )) / n)
= 2.326 (((0.28 * 0.72) / 2600)
= 0.020
A 95% lower confidence interval for population proportion p is ,
- E
= 0.28 - 0.020 = 0.260
lower bound = 0.260
b) Given that,
= 1 - = 0.5
margin of error = E = 0.01
Z/2
= Z0.02 = 2.054
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.054 / 0.01)2 * 0.5 * 0.5
= 10547.29
sample size = n = 10548