157k views
4 votes
Use the given data to find the minimum sample size required to estimate the population proportion.

Margin of error: 0.018; confidence level: 99%; p and q unknown
Show your written work to get credit.

1 Answer

3 votes

Final answer:

The minimum sample size can be calculated using the formula n = (Zα/2^2 * p' * q') / E^2, substituting 0.5 for both p' and q' and the Z-value for a 99% confidence level, which is approximately 2.576. Solve for n and round up the result.

Step-by-step explanation:

The student is asking about the minimum sample size required to estimate a population proportion, given a margin of error, a confidence level, and unknown population proportion values p and q. The standard formula to calculate the required sample size for a proportion is n = (Zα/2^2 * p' * q') / E^2, where Zα/2 is the critical value for the confidence level, p' is the estimated proportion of successes, q' is 1 - p', and E is the margin of error.

Since p and q are unknown, it is common to use 0.5 for both to maximize the product p'q', as this gives the largest sample size estimate. For a 99% confidence level, the Z-value (Zα/2) is approximately 2.576. Plugging these values into the formula gives:

n = (2.576^2 * 0.5 * 0.5) / 0.018^2

Solving for n, we find the minimum sample size needed. Always remember to round up the final value of n to ensure the sample size is sufficient.

User Inquiryqueue
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories