In: Math
In each of parts (a)-(c), we have given a likely range for the observed value of a sample proportion p. Based on the given range, identify the educated guess that should be used for the observed value of p to calculate the required sample size for a prescribed confidence level and margin of error.
a. 0.2 to 0.3
b. 0.1 or less
c. 0.3 or greater
SOLUTION:
From given data,
calculate the required sample size for a prescribed confidence level and margin of error.
(a) 0.2 to 0.3
Given the confidence interval for proportion as 0.2 and 0.3
Then the sample proportion = p = (Upper limit + lower limit) /2
= (0.2+0.3)/2
= 0.25
q = 1-p = 1-0.25 = 0.75
The margin of error = Z/2 * sqrt( pq / n)
[Assume the level of significance is assumed to be 5% then ,Z/2 = 1.96 ]
Then, for the sample proportion, margin of error is
E =1.96 * sqrt( 0.25*0.75 / n)
E = 0.8487 / sqrt(n)
b. 0.1 or less
Given the confidence interval for proportion as 0.1 or less
Guess the lower limit as 0
Then the sample proportion = p = (Upper limit + lower limit) /2
= (0.1+0)/2
= 0.05
q = 1-p = 1-0.05= 0.95
The margin of error = Z/2 * sqrt( pq / n)
[Assume the level of significance is assumed to be 5% then ,Z/2 = 1.96 ]
Then, for the sample proportion, margin of error is
E =1.96 * sqrt( 0.05*0.95/ n)
E = 0.4272 / sqrt(n)
c. 0.3 or greater
Given the confidence interval for proportion as 0.3 or greater
Guess the upper limit as 1
Then the sample proportion = p = (Upper limit + lower limit) /2
= (1+0.3)/2
= 0.65
q = 1-p = 1-0.65= 0.35
The margin of error = Z/2 * sqrt( pq / n)
[Assume the level of significance is assumed to be 5% then ,Z/2 = 1.96 ]
Then, for the sample proportion, margin of error is
E =1.96 * sqrt( 0.65*0.35/ n)
E = 0.9349 / sqrt(n)
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