Answer:
a) If no preliminary estimate is available, the minimum sample size needed is 601
b) If 38% of the respondents said their favorite flavor of ice cream is chocolate in a prior survey, then the minimum sample size needed is 566
c) As the proportion estimate gets smaller, minimum sample size needed decreases.
Explanation:
The following formula is used to compute the minimum sample size required to estimate the population proportion of adults who say chocolate is their favorite ice cream flavor within the margin of error 4%:
n≥ p×(1-p) ×
where
- p is the proportion of adults who say chocolate is their favorite ice cream flavor
- z is the corresponding z-score for 95% confidence level (1.96)
- ME is the margin of error in the estimation (4% or 0.04)
(a) When p is not known p is assumed 0.5. Then
n≥ 0.5×0.5×
=600.25
(b) if p=0.38 (38%) then
n≥ 0.38×0.62×
=565.68