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 0.01 with 90& confidence if
(a) she uses a previous estimate of 0.42
(b) she does not use any prior estimates?
Solution :
Given that,
= 0.42
1 - = 1 - 0.42 = 0.58
margin of error = E = 001
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.01)2 * 0.42 * 0.58
=6591.87
Sample size = 6592
(B)
Solution :
Given that,
= 0.5
1 - = 1 - 0.5 = 0.5
margin of error = E = 001
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.01)2 * 0.5 * 0.5
=6765.06
Sample size = 6765