In: Math
1. Assume that a sample is used to estimate a population
proportion p. Find the 90% confidence interval for a
sample of size 112 with 28% successes. Enter your answer as a
tri-linear inequality using decimals (not percents) accurate to
three decimal places.
2. You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 88%. You would like to be 98% confident that your estimate is within 3% of the true population proportion. How large of a sample size is required? n= ________
3. You want to obtain a sample to estimate a population mean. Based on previous evidence, you believe the population standard deviation is approximately σ=43.7σ=43.7. You would like to be 90% confident that your estimate is within 3 of the true population mean. How large of a sample size is required? n= _____
Solution :
Given that,
1) n = 112
Point estimate = sample proportion = = 28% = 0.28
1 - = 1 - 0.28 = 0.72
At 90% confidence level
= 1 - 90%
=1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.645 (((0.28 * 0.72) / 112)
= 0.070
A 90% confidence interval for population proportion p is ,
- E < p < + E
0.28 - 0.070 < p < 0.28 + 0.070
(0.210 < p < 0.350)
2) Given that,
= 88% = 0.88
1 - = 1 - 0.88 = 0.12
margin of error = E = 3% = 0.03
At 98% confidence level
= 1 - 98%
=1 - 0.98 =0.02
/2
= 0.01
Z/2
= 2.326
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.326 / 0.03 )2 * 0.88 * 0.12
= 634.80
sample size = n = 635
3) Given that,
Population standard deviation = = 43.7
Margin of error = E = 3
At 90% confidence level the z is,
= 1 - 90%
= 1 - 0.90 = 0.10
/2 = 0.05
Z/2 = 1.645
sample size = n = [Z/2* / E] 2
n = [1.645 * 43.7 / 3 ]2
n = 574.18
Sample size = n = 575