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 , we can use the formula for sample size in the context of estimating a population proportion:
Where:
- is the sample size.
- is the Z-score corresponding to the desired confidence level.
- is the estimated population proportion (if unknown, use to maximize the sample size).
- is the margin of error.
For a 95% confidence level, the Z-score is approximately 1.96.
Steps:
- Assume (as this will give the maximum sample size).
- Plug in the values:
Let's calculate the value of .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:
- How does changing the margin of error affect the sample size required?
- What is the formula for calculating the Z-score for different confidence levels?
- How would the sample size change if the confidence level was 90% instead of 95%?
- What happens if the population proportion is known to be something other than 0.5?
- 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
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