Math Problem Statement
You wish to compute the 90% confidence interval for the population proportion. How large a sample should you draw to ensure that the sample proportion does not deviate from the population proportion by more than 0.09? No prior estimate for the population proportion is available.
Note: Round up final answer to nearest whole number.
Solution
To determine the minimum sample size needed for a 90% confidence interval for a population proportion with no prior estimate of the proportion, we can use the following formula for sample size :
where:
- is the z-score corresponding to the desired confidence level (for a 90% confidence level, ),
- is the estimated proportion of the population. When no prior estimate is available, we use to maximize the sample size, since is largest when ,
- is the margin of error, which is given as 0.09 in this case.
Substitute the values:
- Set ,
- Use ,
- Set .
The formula becomes:
Step-by-Step Calculation:
- Calculate ,
- Calculate ,
- Multiply: ,
- Divide by .
Since sample size must be a whole number, round up to ensure the desired margin of error:
Conclusion:
You need a sample size of 84 to ensure the sample proportion does not deviate from the population proportion by more than 0.09 at a 90% confidence level.
Would you like further details on the calculations, or do you have any questions?
- What is the impact of increasing the confidence level on sample size?
- How would a prior estimate for the population proportion affect sample size?
- Why is 0.5 used as an estimate for when no prior estimate is available?
- How does changing the margin of error affect the required sample size?
- How is the z-score determined for different confidence levels?
Tip: Increasing the desired confidence level will increase the required sample size, as it narrows the confidence interval.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Sample Size Determination
Formulas
n = (Z^2 * p * (1 - p)) / E^2
Theorems
Central Limit Theorem
Suitable Grade Level
Undergraduate Level
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