Math Problem Statement

Estimate the minimum sample size needed to achieve the margin of error Eequals0.009 for a​ 95% confidence interval. Question content area bottom Part 1 The minimum sample size is    enter your response here. ​(Round up to the nearest​ integer.)

Solution

To estimate the minimum sample size needed for a 95% confidence interval with a given margin of error E=0.009E = 0.009, we can use the formula for sample size in the context of estimating a population proportion:

n=(Zα/22p(1p)E2)n = \left( \frac{Z_{\alpha/2}^2 \cdot p \cdot (1 - p)}{E^2} \right)

Where:

  • nn is the sample size.
  • Zα/2Z_{\alpha/2} is the Z-score corresponding to the desired confidence level.
  • pp is the estimated population proportion (if unknown, use p=0.5p = 0.5 to maximize the sample size).
  • EE is the margin of error.

For a 95% confidence level, the Z-score Zα/2Z_{\alpha/2} is approximately 1.96.

Steps:

  1. Assume p=0.5p = 0.5 (as this will give the maximum sample size).
  2. Plug in the values:

n=((1.96)20.5(10.5)(0.009)2)n = \left( \frac{(1.96)^2 \cdot 0.5 \cdot (1 - 0.5)}{(0.009)^2} \right)

Let's calculate the value of nn.The minimum sample size required to achieve a margin of error of 0.009 for a 95% confidence interval is 11,857.

Would you like more details on this process or have any questions?

Here are 5 related questions to expand on this concept:

  1. How does changing the margin of error affect the sample size required?
  2. What is the formula for calculating the Z-score for different confidence levels?
  3. How would the sample size change if the confidence level was 90% instead of 95%?
  4. What happens if the population proportion pp is known to be something other than 0.5?
  5. How does the sample size calculation differ for continuous data vs. proportions?

Tip: Always round up when calculating sample size, as partial samples don't exist in practice.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Interval
Sample Size Calculation
Margin of Error

Formulas

n = (Z_α/2^2 * p * (1 - p)) / E^2
Z_α/2 = 1.96 for 95% confidence level

Theorems

Central Limit Theorem (underlying the use of Z-scores for large samples)

Suitable Grade Level

Undergraduate