Answers
Solution :
Given that,
a) n = 1498
x = 773
Point estimate = sample proportion = = x / n = 773 / 1498 = 0.516
1 - = 1 - 0.516 = 0.484
At 95% confidence level
= 1 - 95%
=1 - 0.95 =0.05
/2 = 0.025
Z/2 = Z0.025 = 1.960
Margin of error = E = Z / 2 *
((
* (1 -
)) / n)
= 1.96 (((0.516 * 0.484) / 1498)
= 0.025
A 95% confidence interval for population proportion p is ,
± E
= 0.516 ± 0.025
= ( 0.491, 0.541 )
b) margin of error = E = 0.01
sample size = n = (Z / 2 / E )2 *
* (1 -
)
= (1.96 / 0.01)2 * 0.516 * 0.484
= 9594.16
sample size = n = 9595
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