Math Problem Statement
Solution
To solve this problem, we need to determine the minimum sample size required to estimate the population proportion with a given margin of error, confidence level, and prior estimate of the population proportion .
Given Information:
- Margin of error () = 0.07
- Confidence level = 95%
- Estimated proportion () = 0.92
- Complement of () =
Formula for Minimum Sample Size:
The formula for finding the minimum sample size for estimating a population proportion is: where:
- is the Z-score corresponding to the confidence level,
- is the estimated proportion,
- ,
- is the margin of error.
Step 1: Find the Z-score for a 95% Confidence Level
For a 95% confidence level, the Z-score is approximately 1.96.
Step 2: Substitute Values into the Formula
Calculating each part:
Now, substitute these into the formula:
Since sample size must be a whole number, we round up to the next integer:
Answer:
The minimum sample size required is 58.
Would you like more details on the solution, or do you have any questions?
Related Questions:
- What is the formula for calculating sample size if the population standard deviation is known?
- How would the sample size change if the margin of error was reduced to 0.05?
- What Z-score corresponds to a 99% confidence level?
- Why do we round up the sample size in these calculations?
- How does the value of affect the sample size?
Tip:
Always remember to round up when calculating sample sizes in statistics to ensure the margin of error meets the desired confidence level.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Sample Size Calculation
Formulas
Sample size formula for proportion: n = (Z^2 * p * q) / E^2
Theorems
Central Limit Theorem
Suitable Grade Level
Grades 10-12
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