Obtain a sample size

Margin of error =0.02

Confidence level =95%

Likely range 0.4-0.7

Short Answer

Expert verified

The required sample size is2,401.

Step by step solution

01

Given information

Obtain a sample size

Margin of error 0.02

Confidence level =95%

Likely range 0.4-0.7

02

Explanation

From the given values

When the margin of error is 0.02and the confidence level is 95%, calculate the sample size.

With a 95%confidence level, the required value of za2from table areas under the standard normal curve is 1.96

Usepg'=0.5because the value in the range closet to0.5.

The sample size is

n=0.25za2E2

=0.251.960.022

=0.25(9,604)

=2,401.

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Most popular questions from this chapter

a. Determine the sample proportion.

b. Decide whether using the one-proportion z-test is appropriate.

c. If appropriate, use the one-proportion z-test to perform the specified hypothesis test.

x=8

n=40

H0:p=0.3

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In discussing the sample size required for obtaining a confidence interval with a prescribed confidence level and margin of error, we made the following statement: "... we should be aware that, if the observed value of p^is closer to 0.5than is our educated guess, the margin of error will be larger than desired." Explain why.

One-Proportion Plus-Four z-Interval Procedure. To obtain a plus four z-interval for a population proportion, we first add two successes and two failures to our data (hence, the term "plus four") and then apply Procedure 11.1on page 454to the new data. In other words, in place of p^(which is x/n), we use p~=(x+2)/(n+4). Consequently, for a confidence level of 1-α, the endpoints of the plus-four z-interval are

p~±za/2·p~(1-p~)/(n+4)

As a rule of thumb, the one-proportion plus-four z-interval procedure should be used only with confidence levels of 90% or greater and sample sizes of 10 or more.

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