Math Problem Statement
Use the given data to find the minimum sample size required to estimate the population proportion.
Margin of error: 0.028; confidence level: 99%; p and q unknown
Solution
To calculate the minimum sample size required to estimate the population proportion when the margin of error, confidence level, and the values of and are unknown, we use the following formula for the sample size :
Where:
- is the Z-value corresponding to the given confidence level,
- is the estimated population proportion (if unknown, we assume ),
- ,
- is the margin of error.
Step 1: Z-value for 99% confidence level
For a 99% confidence level, the Z-value corresponding to the middle 99% of the normal distribution is approximately 2.576.
Step 2: Set and
Since and are unknown, we assume and . This maximizes the required sample size and is the most conservative assumption.
Step 3: Use the margin of error
Given the margin of error , we can now plug the values into the formula.
Step 4: Perform the calculation
Let’s calculate the value of .The minimum sample size required to estimate the population proportion, given a margin of error of 0.028 and a 99% confidence level, is 2116.
Do you want more details on the calculation or have any questions?
Here are 5 related questions for further exploration:
- How would the sample size change if the margin of error is reduced to 0.02?
- What happens to the sample size if the confidence level is lowered to 95%?
- Why do we assume when and are unknown?
- How would using a known population proportion impact the sample size?
- How does the sample size formula differ for estimating means instead of proportions?
Tip: When and are unknown, assuming is a conservative choice that ensures the largest sample size needed.
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Math Problem Analysis
Mathematical Concepts
Statistics
Population Proportion
Sample Size Estimation
Formulas
n = (Z^2 * p * q) / E^2
Theorems
Normal Distribution
Central Limit Theorem
Suitable Grade Level
College/University Statistics
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